City
Epaper

NMMC Budget 2025-26: Navi Mumbai Local Body Presents Rs 5,709.95 Crore Budget, Prioritises Water Supply, Connectivity & Education

By Amit Srivastava | Updated: February 25, 2025 15:24 IST

The Navi Mumbai Municipal Corporation (NMMC) has presented a Rs 25-crore surplus budget for the financial year 2025-26, reflecting ...

Open in App

The Navi Mumbai Municipal Corporation (NMMC) has presented a Rs 25-crore surplus budget for the financial year 2025-26, reflecting an overall increase of approximately 15%. The civic body has allocated 4.84% of the total budget to healthcare and 3.79% to education.

Municipal Commissioner and Administrator Dr. Kailas Shinde presented the budget for 2025-26, with original estimates approved as follows: an opening balance of Rs1,301.04 crore, revenue of Rs 5,709.95 crore, expenditure of Rs 5,684.95 crore, and a closing balance of Rs 25 crore.

Dr. Shinde confirmed that there will be no increase in taxes. Instead, the focus will be on securing new water sources to meet the rising demand following the commencement of operations at Navi Mumbai International Airport. Additionally, efforts will be directed toward improving connectivity with the airport and boosting job creation.

Apart from state government grants, NMMC anticipates generating Rs1,200 crore in property tax revenue. The key expenditure allocations include Rs 1,079 crore for civic amenities, Rs544 crore for water supply and sanitation, Rs478 crore for solid waste management, Rs263 crore for healthcare, Rs 270 crore for transportation, and Rs 179 crore for education.

For the 2025-26 fiscal year, the civic body has outlined several key initiatives, including establishing a nursing college, an ayurvedic college, and laboratory facilities for schools. Other proposed developments include tapping new water sources, formulating a parking policy, implementing a city mobility plan, constructing sports complexes, and enhancing connectivity with Navi Mumbai International Airport.

Tags: Budget 2025Navi mumbai municipal corporationNavi Mumbai International AirportBudgetBudget ExpectationsNavi Mumbai News
Open in App

Related Stories

Navi MumbaiMumbai Hoax Bomb Threat: APMC Labourer Held After Panic Call to Police

Navi MumbaiNavi Mumbai Airport Connectivity Woes: Passengers Complain of High Taxi Fares, Poor Accessibility

MumbaiMumbai Local Train Update: CSMT-Bound Trains Delayed Between Kharghar and Nerul Stations

CricketMaharashtra Plans 1 Lakh-Capacity Cricket Stadium in Navi Mumbai

Navi MumbaiNavi Mumbai: Mango Lovers Rejoice! Alphonso Prices Crash in Vashi's APMC Market

Navi Mumbai Realted Stories

MumbaiMumbai: MNS Office Bearer Assaulted in Mira Road; Case Registered, Probe Under Way

MaharashtraAshok Kharat Case: Massive Financial Scam Exposed, ₹63 Crore Fraud Network Busted, 130 Fake Accounts Unearthed

Maharashtra‘Baseless and Misleading’: DCM Eknath Shinde Dismisses Reports of Secret Meeting With Shiv Sena UBT MPs

MumbaiMumbai Weather Update: Clear Skies in City and Suburbs; Hot and Humid Conditions Likely in Konkan Districts

MaharashtraEknath Shinde Held Secret Meeting With Shiv Sena UBT Leaders in Thane? Thackeray MPs Deny Reports