MUMBAI, May 20 -- The BMC has sought over Rs.10,000 crore from the central government to finance various city projects such as sewage treatment plants, drinking water projects, and to finance flood relief measures for the city, municipal commissioner Ashwini Bhide revealed. The flood relief measures include pumping stations at Mahul and over Mogra Nullah and about Rs.1,500 to 2,000 crore for reinvigorating the Mithi river. "A part of the finance is being sought from the National Disaster Management Authority with a matching share expected to be allocated by the Maharashtra government," said Bhide. Coming out strongly in support of the Public Private Partnership (PPP) model that has been sharply criticised by elected representatives, particularly the recent instance of five BMC schools being handed over to private organisations, Bhide stated that it was a policy adopted by the Government of India. "PPP does not mean handing over public places to private entities. It means getting services from the private sector at municipal rates," she added. Describing the BMC's financials as "strong", Bhide brushed aside the civic body's Rs.2.5 lakh crore of liabilities as "not such a big issue". However, she admitted that a lack of fiscal discipline in projects had led to huge escalations, particularly in small and medium projects. "Projects often lack the pre-tendering homework that helps arrive at proper estimates," she emphasised. Bhide also justified the BMC's policy of dipping into its deposits to carry out city projects. The civic body's reserves have dipped from Rs.91,620 crore in 2021 to Rs.81,449 crore in the financial year 2026-27. "Our deposits need to be utilised judiciously and intelligently," she said. "They are being used to develop assets for the city, be it roads or water or dams. No other organisation is going to do it for you even though MMRDA does contribute. This is an investment for improving life."...