mumbaiUpdated: Dec 29, 2019 23:28 ISTThe Brihanmumbai Municipal Corporation (BMC) has spent around 41% of the budget allocated for development works, as of November 2019. Of the ₹30,692-crore overall budget for 2019-20, ₹12,479 crore was allocated as capital expenditure and ₹5,227 crore was spent this year. Capital expenditure is around 40% of the total budget and is planned expenditure for several crucial departments like roads and traffic, bridges, garden, health, hydraulics, development plan, stormwater drains, solid waste management, etc. On the other hand, expenditure went up for several departments like road and traffic, bridges, stormwater drain, garden, estate, and water supply project departments. In the remaining months of the financial year, appropriate expenditure will be made to meet procurement requirements.”
Source: Hindustan Times December 29, 2019 17:59 UTC