The Times of India
Last six Mumbai civic budgets: Without electedbody, BMC prioritises mega projects; capexexceeds daily spending
BMC has altered its spending pattern over the last twofinancial years. For the first time in recent history, the country’srichest civic body allocated a much larger portion of its annualbudget to capital expenditure, while keeping revenueexpenditure below half of the total outlay. This marked anaggressive push towards infrastructure creation and large-scaleprojects, a trend that has coincided with a period when BMC hasbeen functioning without elected representatives.