Mahayuti Alliance to Liquidate ₹36,000 Crore BMC Deposits After Taking Power

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Grand Alliance to Liquidate 36,000 Crore BMC Deposits for Mumbai Development

मुंबई महापालिका-महापौर रितू तावडे

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News18•25-02-2026, 15:43

Grand Alliance to Liquidate 36,000 Crore BMC Deposits for Mumbai Development

•The Grand Alliance in Mumbai Municipal Corporation decides to liquidate 36,000 crore rupees from BMC deposits.
•The funds will be used for infrastructure and development works in Mumbai, including urban transport, schools, roads, and bridges.
•BMC holds total deposits of 81,449 crore rupees, with 44,826 crore reserved for committed liabilities.
•The decision targets the remaining 36,623 crore rupees for various projects.
•Thackeray Sena criticizes the move, questioning the transparency and necessity of liquidating deposits.

Read Full Article on News18 in Marathi

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