BMC Budget 2026: Municipal Corporation increases budget outlay to ₹80,952.56 crore; capex plan rises 11.5% YoY

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The Brihanmumbai Municipal Corporation, or popularly recognized as Mumbai’s BMC, on Wednesday, 25 February 2026, proposed a budget outlay of ₹80,952.56 crore for the upcoming financial year 2026-27, reported the news agency. PTI. According to the agency report, BMC’s budget outlay for the upcoming fiscal year marks an 8.77% year-on-year (YoY) rise, compared to ₹74,427.41…

CAG flags states’ fiscal stress as debt, committed spending erode revenue gains

Buzz line2 months ago09 mins

New Delhi: India’s states entered FY24 with stronger revenue inflows but ended the year under mounting fiscal stress, as rising debt and fixed spending commitments eroded fiscal flexibility, the Comptroller and Auditor General of India (CAG) said. More than half of their revenue expenditure was locked into salaries, pensions, interest payments and subsidies, limiting room…

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BMC Budget 2026: Municipal Corporation increases budget outlay to ₹80,952.56 crore; capex plan rises 11.5% YoY

CAG flags states’ fiscal stress as debt, committed spending erode revenue gains