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The Economic Times

Global Business / The Economic Times

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Mumbai's 13,000-crore flood plan: How it will become a 'Sponge City'

Maharashtra's Chief Minister announced a Rs 13,000-crore flood mitigation plan for Mumbai. This comprehensive proposal integrates traditional and nature-based drainage improvement methods. The plan aims to address chronic flooding issues, particularly in low-lying city regions. Funding will be shared by the National Disaster Response Fund, state government, and BMC. Detailed project reports are currently being prepared after initial approvals from central authorities.

10 Jul 2026 11:53 am