The Economic Times

BMC Election 2026: How Mumbais civic body became Indias richest local corporation with a Rs 74,000-crore cheque book

Mumbai's civic body, the BMC, proposes a record Rs 74,427 crore budget for 2025-26. This vast sum dwarfs state budgets and highlights the BMC's financial power. Elections will decide how this money is spent on infrastructure, daily services, and transport. Residents await delivery on unfinished promises.