CIDCO Unveils Rs 14,130 Crore Budget for 2025-26

Vijay Singhal, Vice-Chairman and Managing Director of CIDCO, has presented a comprehensive budget for the financial year 2025–26, amounting to Rs14,130 crore. This budget aims to fund various projects including the Navi Mumbai International Airport, mass housing schemes, Metro, NAINA projects, and the Water Supply Scheme.

Water Supply Allocation Raises Eyebrows

A significant allocation of Rs1,120.50 crore has been made for water supply to CIDCO nodes, despite ongoing complaints from residents about insufficient potable water. Critics argue that the budget overlooks the pressing issue of water shortage and lacks focus on sustainability and environmental protection.

Environmental Concerns Highlighted

Environmental watchdog NatConnect Foundation Director BN Kumar expressed concerns over the lack of emphasis on sustainability, especially in coastal areas threatened by rising sea levels. The foundation also pointed out the absence of initiatives like rainwater harvesting and groundwater recharging in the budget.

Future Projects and Deadlines

CIDCO has mentioned several projects aimed at mitigating the water crisis, including the Tertiary Treatment Plant at Kalamboli and the Kondhane Dam on the Ulhas River, slated for completion in 2029–30. However, the lack of immediate solutions continues to leave many residents dependent on water tankers.