Economy · India
Mumbai BMC Seeks New Funding for Projects Amid Large Liabilities
The Brihanmumbai Municipal Corporation (BMC) is planning a new funding strategy for its large-scale projects. The corporation is seeking financial consultants to devise a long-term plan. This comes as Mumbai's infrastructure projects have committed liabilities totaling Rs 2 lakh crore, with one report specifying Rs 2.45 lakh crore.
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