BMC Budget 2022 LIVE Updates: Climate Action Plan to Get a Major Push in 2022-23, Says BMC commissioner
News 18BMC Budget 2022 LIVE Updates: The BMC raised budget allocation by 17.70 percent from last year for the financial year 2022-23. Presenting the budget, BMC chief Iqbal Singh Chahal, announced that the civic body has allocated Rs 45,940.78 crore for FY22 against Rs 39,038.83 crore in 2021-22. “The BMC is acutely aware of the environment responsibilities and hence it will continue work on Mitigation, Adaptation, Carbon sequestration, Carbon neutrality to avoid getting closer to tipping point through unprecedented transition and abrupt changes. We will focus on Carbon neutrality in various sectors and as a start BMC has signed a Power Purchase Agreement for Middle Vaitrana mixed power of Hydro and Solar for 100 MWs,” Chahal said in his Budget speech This comes ahead of civic polls in 224 wards in BMC that are scheduled in late March or early April.