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Monday, January 13, 2025 | 01:16 AM ISTEN Hindi

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Brihanmumbai Municipal Corporation

Municipal bodies must impose proper user charges for facilities: RBI report

Municipal corporations need to impose adequate user charges for essential services like water supply and sanitation, to boost non-tax revenues and provide quality public services, according to a Reserve Bank of India (RBI) report. The 'Report on Municipal Finances' delves into the fiscal position of 232 municipal corporations (MCs) from 2019-20 to 2023-24 (Budget Estimates), with a focus on the theme 'Own Sources of Revenue Generation in Municipal Corporations: Opportunities and Challenges'. "MCs can significantly enhance them (non-tax revenues) by applying appropriate and adequate fees and user charges for essential services such as water supply, sanitation, and waste management while also ensuring seamless availability of high-quality public services," it said. These measures, combined with more transparent and accountable governance practices, can contribute to bolstering the financial health of MCs, setting off a virtuous cycle of better services for the public, stronger revenue

Municipal bodies must impose proper user charges for facilities: RBI report
Updated On : 17 Nov 2024 | 2:54 PM IST

Civic bodies need major reforms to enhance revenue sources: RBI report

Central bank says revenue sources not adequate for meeting revenue expenditure of most of the MCs, which affects their functional and financial autonomy

Civic bodies need major reforms to enhance revenue sources: RBI report
Updated On : 13 Nov 2024 | 9:02 PM IST

Municipal corporations need to enhance own sources of revenue: RBI report

Municipal corporations need to enhance their sources of revenue through reforms in property tax, rationalisation of user charges, and better collection mechanisms, an RBI report has suggested. The elasticity of property tax revenues, the predominant source of tax revenue, can be improved through adopting property tax formulae which are more reflective of property valuation, it said. The 'Report on Municipal Finances' released by the Reserve Bank on Wednesday noted that the demand for high-quality public services in urban areas is growing rapidly with a rising urban population. "Yet municipal corporations (MCs) in India invested with this responsibility generate limited revenues and rely heavily on the upper tiers of the government for their funding needs, limiting their operational flexibility," it said. State-specific strategies to strengthen MC finances through local taxation reforms, better enforcement, augmenting institutional capacity and transparent financial management are .

Municipal corporations need to enhance own sources of revenue: RBI report
Updated On : 13 Nov 2024 | 5:39 PM IST

Godrej Properties secures 3 adjoining plots totalling 6.5 acres in Mumbai

The three adjoining plots measuring nearly 6.5 acres are located in Kharghar, MMR

Godrej Properties secures 3 adjoining plots totalling 6.5 acres in Mumbai
Updated On : 16 Oct 2024 | 4:52 PM IST

BMC launches 'Bhag Machchar Bhag' campaign to battle dengue, details here

The Brihanmumbai Municipal Corporation (BMC) launched a unique campaign to spread awareness about mosquito control measures to battle against dengue and other diseases

BMC launches 'Bhag Machchar Bhag' campaign to battle dengue, details here
Updated On : 18 Jul 2024 | 11:16 AM IST

BMW case: BMC razes illegal alterations in bar visited by main accused

The Brihanmumbai Municipal Corporation (BMC) is demolishing unauthorised alterations made at the city-based bar that was visited by the main accused in the BMW hit-and-run case hours before he allegedly took the wheel of the car involved in the crash that killed a woman, officials said. The establishment - Vice-Global Tapas Bar - against which the action was being taken, is located in Juhu suburb. The BMW car driven by main accused Mihir Shah allegedly rammed into a two-wheeler from behind in Worli area of south-central Mumbai on Sunday morning, resulting in the death of Kaveri Nakhwa (45), who was riding pillion, while her husband Pradeep survived with injuries, police have said. According to them, Kaveri Nakhwa was dragged for around 1.5 km by the speeding car before Mihir pulled it over, swapped the seat with his driver, and fled in another vehicle. Mihir Shah was arrested on Tuesday. A civic official said the BMC's K-West ward office team reached the Vice-Global Tapas Bar this

BMW case: BMC razes illegal alterations in bar visited by main accused
Updated On : 10 Jul 2024 | 2:09 PM IST

Mumbai rain: City records 300 mm rainfall overnight, BMC declares holiday

As Mumbai witnessed heavy rainfall on Monday, many parts of the city reported waterlogging; local train service and flight operations affected due to heavy rainfall.

Mumbai rain: City records 300 mm rainfall overnight, BMC declares holiday
Updated On : 08 Jul 2024 | 9:32 AM IST

Municipal corp's plan revisions deemed illegal

The judge ruled that the disclosures in the original plan would remain valid and declared the subsequent eight revisions illegal

Municipal corp's plan revisions deemed illegal
Updated On : 23 Jun 2024 | 11:38 PM IST

Ghatkopar hoarding was installed on weak foundation, says report

A hoarding that collapsed in Mumbai last month claiming 17 lives was installed on a weak foundation, as per a report submitted by a technological institute to police, officials said on Thursday. While ideally any hoarding structure in the city should be able to withstand wind speeds of 158 kilometres per hour, the billboard that collapsed in Ghatkopar could withstand a wind speed of only 49 kmph, according to the report submitted on Wednesday. On the day of the incident, the wind speed was 87 kmph, an official said. As many as 17 persons died and 74 others were injured after the illegal hoarding, measuring 120 feet x 120 feet in size, crashed onto a nearby petrol pump during a dust storm and unseasonal rains here on May 13, as per officials. After the tragedy, the Brihamumbai Municipal Corporation (BMC) asked the Veermata Jijabai Technological Institute (VJTI) to find out reasons behind the hoarding crash. The institute on Wednesday submitted the report to the Mumbai crime branch,

Ghatkopar hoarding was installed on weak foundation, says report
Updated On : 06 Jun 2024 | 2:01 PM IST

Poster child of negligence

Billboard collapse reflects a chronic failure of civic authorities

Poster child of negligence
Updated On : 15 May 2024 | 10:00 PM IST

After Mumbai billboard tragedy, MCD to audit conditions of Delhi hoardings

Fourteen people died in the Mumbai billboard accident on Monday when a massive illegal hoarding uprooted and fell on a petrol pump in the Ghatkopar area

After Mumbai billboard tragedy, MCD to audit conditions of Delhi hoardings
Updated On : 15 May 2024 | 10:33 AM IST

Mumbai storm: BMC issues notice to ad agency for removal of 3 hoardings

The Brihanmumbai Municipal Corporation (BMC) issued a notice to an advertisement agency on Monday after the Ghatkopar billboard collapse incident, asking it to immediately remove the remaining three hoardings near the spot, officials said. The notice has been issued to M/s Ego Media for installing the hoarding that collapsed on the petrol pump during the gusty winds on Monday evening. According to police, eight persons were killed and more than 70 were injured in the incident. "The BMC has asked the ad agency to remove the remaining three hoardings immediately for not having valid permission," an official said. The Assistant Police Commissioner (Admin) had given permission for erecting the four hoardings on behalf of the Commissioner of Railway Police, Mumbai, including the one which collapsed on Monday, but no official permission or NOC was obtained from the BMC. The official said the land on which the hoarding was erected is the Collector land and it was in possession of Police .

Mumbai storm: BMC issues notice to ad agency for removal of 3 hoardings
Updated On : 14 May 2024 | 7:01 AM IST

Mumbai to witness high sea waves till Sunday night, says BMC advisory

The Brihanmumbai Municipal Corporation (BMC) on Saturday issued an advisory cautioning people against entering the Arabian Sea amid warnings about high tide till Sunday night. According to the India Meteorological Department (IMD) and Indian National Centre for Ocean Information (INCOIS), the sea will witness a "swell of surge waves" from 11.30 am on Saturday to 11.30 pm on Sunday, the civic body said. During this time, the height of the waves will rise by 0.5 to 1.5 metres, it said. The BMC has also asked fishermen to exercise caution. BMC commissioner Bhushan Gagarin has asked civic personnel to coordinate with the police, and security guards at beaches in the city have been directed to stop people from entering the waters.

Mumbai to witness high sea waves till Sunday night, says BMC advisory
Updated On : 04 May 2024 | 1:41 PM IST

Coastal road to save $100 mn a yr in carbon emissions: Mumbai civic chief

The opening of the coastal road's southbound carriageway between Worli and Marine Drive will reduce travel time from 40 minutes to just 9 minutes and save nearly USD 100 million annually in carbon emissions through fuel savings, Mumbai civic chief Iqbal Singh Chahal has said. The first phase of the coastal road project was inaugurated by Chief Minister Eknath Shinde on Monday morning. The public has been allowed to use it from 8 am on Tuesday. "The travelling time will be reduced from 40 minutes to 9 minutes now, and it would save nearly $100 million annually in carbon emissions through fuel savings," Chahal said on Monday. The coastal road of 10.58 km length and 16.5 km of interchanges, being built at a cost of Rs 14,000 crore, consists of four lanes on each side along with two 12.19 metre diameter tunnels of 2.07 km length, he said. These are the largest tunnels by diameter built by tunnel boring machines in the country, Chahal said. "It is for the first time in India that a ...

Coastal road to save $100 mn a yr in carbon emissions: Mumbai civic chief
Updated On : 12 Mar 2024 | 9:02 AM IST

Mumbai plans to build Rs 4,120 crore treatment plant amid water woes

The water treatment plant will be one of the largest in the world in terms of capacity, the company said

Mumbai plans to build Rs 4,120 crore treatment plant amid water woes
Updated On : 01 Mar 2024 | 10:59 AM IST

Welspun secures Rs 4,123 crore order from BMC for water treatment plant

The water treatment plant will be located at BMC's Bhandup Complex, which currently supplies drinking water to Mumbai City through existing Water Treatment Plants

Welspun secures Rs 4,123 crore order from BMC for water treatment plant
Updated On : 01 Mar 2024 | 10:37 AM IST

Mumbai to get Central Park on lines of New York on Racecourse land

A Central Park on the lines of one in New York will be developed on land surrendered by Mahalaxmi Racecourse in south Mumbai, municipal commissioner Iqbal Singh Chahal said on Friday. He was talking to reporters after presenting the annual budget of the Brihanmumbai Municipal Corporation. A 300-acer 'Mumbai Central Park' on the lines of Central Park in New York and Hyde park in London will be created by connecting the 175-acre Costal Road garden and 120-acre land of the racecourse by a subway, he said. Earlier there were reports that a theme park or an amusement park will come up on the land. "Every citizen will get free entry (to the proposed Central Park)," Chahal said, dismissing speculation that the land will be given to real estate developers.

Mumbai to get Central Park on lines of New York on Racecourse land
Updated On : 03 Feb 2024 | 7:26 AM IST

BMC presents Rs 59,954.75 crore budget; 10.5% higher than last year

The Brihanmumbai Municipal Corporation (BMC), India's richest civic body, on Friday presented a Rs 59,954.75 crore budget for the year 2024-25. The budgetary estimates this time are 10.5 per cent more than the 2023-24 amount of Rs 54,256.07 crore. The civic administration presented the budget to municipal commissioner Iqbal Singh Chahal, who was appointed as BMC administrator by the state government after the five-year term of corporators ended in March 2022. The budget estimates for the financial year 2024-25 are proposed at Rs 59,954.75 crore, which exceeds the budget estimates of 2022-23, that is Rs 54,256.07 crore, by 10.5 per cent, said the budget document. This is the second time after 1985 that the BMC administration has presented the budget to an administrator as the five-year term of its corporators has ended.

BMC presents Rs 59,954.75 crore budget; 10.5% higher than last year
Updated On : 02 Feb 2024 | 12:06 PM IST

Property registrations in Mumbai to touch 11-year high in Nov: Knight Frank

Mumbai is expected to witness 9,548 property registrations in November, reflecting a 7 per cent increase compared to the same month last year

Property registrations in Mumbai to touch 11-year high in Nov: Knight Frank
Updated On : 01 Dec 2023 | 8:15 AM IST

Mumbai's double-decker buses ride into the sunset amid Bollywood memories

As BEST's double-decker retires from the road, a look at how it will remain immortalised in celluloid

Mumbai's double-decker buses ride into the sunset amid Bollywood memories
Updated On : 15 Sep 2023 | 11:25 PM IST