Image Source : Times Of India
The Brihanmumbai Municipal Corporation (BMC) has emerged as India’s richest civic body, presenting a record ₹74,000 crore budget for FY26. The list of the top 10 municipal corporations highlights the growing financial clout of urban local bodies, underscoring their critical role in infrastructure, services, and governance across India’s largest cities.
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India’s urban governance is increasingly shaped by the rising financial strength of municipal corporations. At the forefront is the Brihanmumbai Municipal Corporation (BMC), which has proposed a staggering ₹74,000 crore budget for FY26, making it the wealthiest civic body in the country.
Key Highlights
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BMC Dominance: With a ₹74,000 crore budget, BMC surpasses many state budgets, reflecting Mumbai’s economic importance.
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Top 10 Municipal Bodies: Other major corporations include Delhi, Bengaluru, Hyderabad, Pune, Chennai, and Ahmedabad, each managing multi-thousand crore budgets.
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Urban Priorities: Funds are allocated to infrastructure upgrades, public transport, healthcare, sanitation, and digital governance.
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Financial Power: The fiscal strength of these bodies underscores their growing role in shaping India’s urban future.
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Governance Impact: Leadership decisions in these civic bodies directly influence how billions are invested in city services.
The rise of financially empowered municipal corporations highlights the increasing importance of local governance in India’s development story, with BMC setting the benchmark for scale and ambition.
Sources: Livemint, Economic Times, Bhaskar English
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