MUMBAI, May 12 -- The BMC has officially announced a 10% water cut across Mumbai and other places, including Thane, Bhiwandi-Nizampur and nearby villages that get water from the civic body. The cut, which begins on Friday, is a precautionary measure in view of the declining water levels in reservoirs, and the restriction will remain in force until reservoir levels improve following satisfactory rainfall. Although civic chief Ashwini Bhide had already announced it on April 28, the decision was taken on Monday following directives from the Maharashtra Water Resources Department and in light of forecasts by the Indian Meteorological Department warning of below-normal monsoon conditions this year due to the possible impact of El Nino and the Indian Ocean Dipole. The water cut is aimed at stretching stocks till mid-August to ameliorate possible El Nino conditions. According to the BMC statement, Mumbai's reservoirs currently hold 3,40,399 million litres of water, which is only 23.52% of the city's annual required stock of 14,47,363 million litres. The administration said that reservoir levels were being monitored closely, and water supply is being planned and managed on a daily basis. The BMC, however, clarified that there is no immediate reason for panic. Mumbai is expected to receive additional water of 1,47,092 million litres from the Bhatsa Dam and 90,000 million litres from the Upper Vaitarna Dam, ensuring continued availability for the city. This buffer stock is sourced from the Bhatsa and Vaitarna lakes, with a request placed for 147 million cubic metres from Bhatsa and 90 million cubic metres from Vaitarna, taking the total to 237 million cubic metres....