Karnataka Approves Revised Rs 181.2 Billion BBMP Budget for FY26

08 Apr 2025 CW Team

The Karnataka government has approved a revised budget of Rs 181.2 billion for the Bruhat Bengaluru Mahanagara Palike (BBMP) for FY 2025鈥�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)

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