CM sanctions 6,647crore budget for MMRDA 2016-17 fiscal

Mmrda

By Accommodation Times News Service

In the run-up to the Mumbai civic elections, the chief minister-led Mumbai Metropolitan Region Development Authority (MMRDA) has sanctioned its highest-ever budget in the past seven years, with a lion’s share marked for transport-infrastructure projects in the civic body’s jurisdiction.

Chief Minister Devendra Fadnavis on Monday approved a budget of Rs 6,647crore for the MMRDA for the 2016-17 fiscal. The outlay is almost 74 per cent more than the Rs 3,830crore that the authority had set aside for development works last year.

Over the last few years, the MMRDA, which does not get any annual budgetary allocation from the state government, had been giving more prominence to development projects in the Mumbai Metropolitan Region.





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