The annual budget for running Mumbai, one of the largest cities in the country, has become a topic of discussion across the country. On Tuesday, the BMC presented and passed the budget. The BMC budget is Rs 74,427 crore, i.e. about 8.50 billion dollars. Many states of the country do not have such a budget. The special thing is that about 50 countries have a GDP of not even 8.50 billion dollars. These include Montenegro, Maldives, Barbados, Bhutan, Zambia, etc., whose GDP is also visible in Mumbai’s annual budget. Let us also tell you what kinds of things are in the budget of Mumbai and which countries have GDPs less than the budget of BMC.
How Much Is The Budget of BMC
On Tuesday, the richest municipal corporation in the country, BMC, presented a budget of Rs 74,427 crore for 2025-26. The civic body has been under the administrator since the corporators’ term ended on March 7, 2022. According to BMC Commissioner Bhushan Gagrani, this is the biggest budget ever presented by the BMC. The budget saw a revenue increase of Rs 7,410 crore compared to last year. Rs 43,166 crore is for capex, 58 percent of the total budget.
According to the agencies entrusted with digging roads, Mumbai IIT will observe the concretization activities in the city. It will be completed by May 31, 2025, to avoid blockages during monsoon. A target has been set to spend 10 per cent of the budget on health services. The BMC plans to start door-to-door health checkups across Mumbai under the Arogya Seva Appli Daari scheme.
Many Countries Do Not Have GDP
The special thing is that the budget of the BMC is as much as the GDP of many countries of the world. Bhutan’s total GDP is just over $3 billion. Meanwhile, Fiji’s total GDP is $5.8 billion. If we talk about Maldives, the country’s total GDP is seen to be $7.1 billion. Barbados’ total GDP is $6.8 billion. A country like Montenegro’s GDP is also $8 billion, less than BMC’s $8.5 billion. Similarly, about 50 countries have a GDP less than Mumbai’s budget.
Countries Whose GDP Is Less Than DMC’s Budget
| Country | GDP ( in million dollars ) |
| Bermuda | 7,828 |
| Liechtenstein | 7,365 |
| Maldives | 7,199 |
| Barbados | 6,863 |
| Cayman Islands | 6,601 |
| South Sudan | 6,517 |
| French Polynesia | 5,815 |
| Fiji | 5,801 |
| Eswatini | 5,085 |
| Liberia | 4,754 |
| Sierra Leone | 4,558 |
| Djibouti | 4,364 |
| Suriname | 4,337 |
| Aruba | 4,069 |
| Andorra | 3,897 |
| Belize | 3,296 |
| Bhutan | 3,110 |
| Burundi | 3,075 |
This Much Expenditure For Education
BMC has 470 school buildings, out of which 45 are undergoing advancement. This process is said to be completed by March 2025, while 36 will be completed by next year. Out of 7,934 classrooms, 3814 have already been digitalized. BMC also issued appointment letters to 622 candidates for the post of teacher. The Municipal Corporation has implemented organic farming gardens in 100 BMC schools.
How Much Spent On Environment
To tackle the pollution problem, BMC has installed 100 battery suction machines in its 24 wards. The Municipal Corporation has decided to convert all bakeries from the traditional firewood method to CNG. BMC also plans to bring ID Kanjurmarg dumping ground under the waste-to-energy project. BMC has decided to reclaim the dumping ground in Mulund. It has been decided to process and dispose of 70 lakh metric tonnes of legacy waste by June 2025 to reclaim 24 hectares of land.
