Navi Mumbai Municipal Corporation Unveils 2025-26 Budget: ₹5,709.95 Crore Revenue Allocated for Civic Upgrades and Sustainable Development
The Navi Mumbai Municipal Corporation (NMMC) has presented its budget estimates for the financial year 2025-26, with a projected opening balance of Rs 1301.04 crore and proposed revenue of Rs 5709.95 crore. The budget aims to strengthen infrastructure and
Navi MumbaiNmmcBudget 202526Urban DevelopmentInfrastructureReal EstateFeb 25, 2025
The proposed revenue stands at Rs 5709.95 crore, with an estimated expenditure of Rs 5684.95 crore, resulting in a closing balance of Rs 25.00 crore.
This budget is designed to focus on enhancing infrastructure, improving civic services, and promoting sustainable urban development in Navi Mumbai.
Meanwhile, the revised estimates for the financial year 2024-25 showcase an opening balance of Rs 1686.06 crore, revenue of Rs 3403.82 crore, leading to a total fund availability of Rs 5089.88 crore, and an expenditure of Rs 3788.84 crore.
These financial allocations are aimed at addressing the growing needs of the city's infrastructure and public services.
The NMMC has prioritized several key areas in its budget for 2025-26, including road improvements, water supply enhancements, waste management, and public health initiatives.
The corporation is also focusing on implementing smart city solutions to improve the overall quality of life for residents.
This includes the deployment of advanced technologies for better governance and citizen engagement.
The budget emphasizes the importance of sustainable urban development, with investments in green infrastructure, renewable energy projects, and eco-friendly practices.
The Navi Mumbai Municipal Corporation is committed to reducing the city's carbon footprint and promoting environmental sustainability.
In addition to these initiatives, the NMMC is also allocating funds for the development of public spaces, such as parks and community centers, to enhance the social and recreational aspects of urban living.
The goal is to create a well-balanced and inclusive environment that caters to the diverse needs of the city's population.
The financial planning and allocation for 2025-26 reflect the NMMC's dedication to building a resilient and thriving urban community.
By focusing on these critical areas, the corporation aims to ensure that Navi Mumbai continues to grow and prosper, providing a high quality of life for all its residents.
Frequently Asked Questions
What is the projected opening balance for the Navi Mumbai Municipal Corporation's budget for 2025-26?
The projected opening balance for the Navi Mumbai Municipal Corporation's budget for 2025-26 is Rs 1301.04 crore.
What is the proposed revenue for the financial year 2025-26?
The proposed revenue for the financial year 2025-26 is Rs 5709.95 crore.
What is the estimated expenditure for 2025-26?
The estimated expenditure for 2025-26 is Rs 5684.95 crore.
What is the closing balance projected for the end of the financial year 2025-26?
The closing balance projected for the end of the financial year 2025-26 is Rs 25.00 crore.
What are the key areas of focus in the Navi Mumbai Municipal Corporation's budget for 2025-26?
The key areas of focus in the Navi Mumbai Municipal Corporation's budget for 2025-26 include road improvements, water supply enhancements, waste management, public health initiatives, and the development of green infrastructure.
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