Why The Budget Of India’s Richest City Is A Mystery

  An analysis of the 2014-15 budget presented by the commissioner of the Municipal Corporation of Greater Mumbai (MCGM) shows that more than 75% of the revenue earned or received and more than 50% of the total expenditure incurred remains unexplained.   The Mumbai budget contains four budget heads namely A, B, E and G … Continued

Why Mumbai’s Failure Is India’s Failure

Ever since the new government came to power in Delhi, there have been oft-repeated,  clarion calls for ‘big-bang reforms’. That India needs reforms in several forms, fields and ministries is indisputable, but what kind of reforms, especially in the nation’s crumbling cities, can drive economic growth, improve the quality of life and ensure inclusive development? … Continued