In a first, BMC announces climate budget, expected by year-end

The budget was presented by additional municipal commissioner Ashwini Bhide to municipal commissioner IS Chahal on Friday morning. Education experts said if the civic body has increased its overall budget by 10%, the education budget also needs to be increased by the same proportion.

This year, a provision of ₹330.19 crore has been made for capital works. The BMC budget is also concerned over the dues of ₹5,946.3 crores that have to be recovered from the state government. During the financial year 2023-24, the civic body received ₹64.34 crore for primary and ₹70 lakh for secondary education as a grant from the state government.

BMC announced financial assistance to the 100 top scorers from BMC schools for their higher education where the civic body will provide ₹25,000 or college tuition fees whichever is higher per student per annum up to the degree education.