+
Karnataka Approves Revised Rs 181.2 Billion BBMP Budget for FY26
ECONOMY & POLICY

Karnataka Approves Revised Rs 181.2 Billion BBMP Budget for FY26

The Karnataka government has approved a revised budget of Rs 181.2 billion for the Bruhat Bengaluru Mahanagara Palike (BBMP) for FY 2025–26, reducing the original proposal by Rs 18.06 billion. The initial budget of Rs 199.27 billion, presented on March 29, was revised by the Urban Development Department (UDD) to align with financial limits set under the BBMP (Financial Responsibility and Budget Management) Act, 2021.

The revised budget focuses on core needs, improved revenue collection, tax base expansion, and anticipated government grants. It also factors in World Bank support, a new advertisement policy, and premium Floor Area Ratio (FAR) revenue strategies.

Key changes include an increase in the discretionary fund for the Bengaluru in-charge minister from Rs 1.35 billion to Rs 2.24 billion. The grant for the Bengaluru Solid Waste Management Company has been raised from Rs 4.86 billion to Rs 5.86 billion, supporting lake restoration, stormwater drain work, and sewage treatment.

Other allocations include Rs 500 million each for Kempegowda Development Authority construction projects, outreach and grievance redressal programs, and media promotions. Additionally, Rs 250 million is set aside for public events, and Rs 100 million has been earmarked for medical relief.

(bangaloremirror.indiatimes)

                                                                                                                                              

The Karnataka government has approved a revised budget of Rs 181.2 billion for the Bruhat Bengaluru Mahanagara Palike (BBMP) for FY 2025–26, reducing the original proposal by Rs 18.06 billion. The initial budget of Rs 199.27 billion, presented on March 29, was revised by the Urban Development Department (UDD) to align with financial limits set under the BBMP (Financial Responsibility and Budget Management) Act, 2021.The revised budget focuses on core needs, improved revenue collection, tax base expansion, and anticipated government grants. It also factors in World Bank support, a new advertisement policy, and premium Floor Area Ratio (FAR) revenue strategies.Key changes include an increase in the discretionary fund for the Bengaluru in-charge minister from Rs 1.35 billion to Rs 2.24 billion. The grant for the Bengaluru Solid Waste Management Company has been raised from Rs 4.86 billion to Rs 5.86 billion, supporting lake restoration, stormwater drain work, and sewage treatment.Other allocations include Rs 500 million each for Kempegowda Development Authority construction projects, outreach and grievance redressal programs, and media promotions. Additionally, Rs 250 million is set aside for public events, and Rs 100 million has been earmarked for medical relief.(bangaloremirror.indiatimes)                                                                                                                                              

Next Story
Infrastructure Urban

Godrej Industries Plans Rs 7.5 bn Expansion to Boost Chemical Capacity

In a strategic move to achieve its ambition of becoming a $1 billion global player by 2030, Godrej Industries’ chemical business has announced a major capacity expansion across its manufacturing portfolio. The company plans a total capital investment exceeding Rs 750 crore over the coming years to support these expansions, with several projects already underway.The expansion includes doubling capacities of key products such as Fatty Alcohol and Euric Acid, adding 35,000 and 20,000 tons per annum respectively. Specialities capacity is set to triple with an addition of 21,000 tons per annum, w..

Next Story
Infrastructure Urban

CAQM Holds High-Level Reviews With Haryana and Punjab on Air Quality

In a concerted effort to accelerate coordinated action against air pollution, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM), chaired by Shri Rajesh Verma, held two significant high-level review meetings on 3 July 2025 in Chandigarh with the State Governments of Haryana and Punjab. The meetings aimed to strengthen inter-departmental coordination and evaluate the implementation of key sectoral measures for abatement of air pollution in the region.During the meeting with Haryana, a detailed review was conducted on critical areas including preparedness for eliminating..

Next Story
Infrastructure Urban

Union Minister Releases Copper Vision Document for Sustainable Mining

Union Minister for Coal and Mines, Shri G. Kishan Reddy, today released the Copper Vision Document at the International Conference on Sustainable and Responsible Mining through Best Mine Closure Practices, organised by the Indian National Committee of the World Mining Congress in Hyderabad.Shri Reddy highlighted copper’s critical role in India’s energy transition, infrastructure expansion, and green technologies including electric vehicles and solar power. He noted that the Vision Document sets forth a long-term strategy to meet the nation’s growing domestic demand while ensuring raw mat..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?