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GVMC Unveils Strategic 2026-27 Budget: Engineering and Critical Infrastructure Command Priority in ₹4,180 Crore Fiscal Plan

Agency Source: News from Major Indian Metropolitan Cities Today | The Hindu Bureau Release: February 4, 2026 | 22:20 IST
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The Greater Visakhapatnam Municipal Corporation (GVMC) has formally ratified its comprehensive budget for the 2026-27 fiscal year, authorizing a substantial outlay of ₹4,180 crore. This strategic financial blueprint signals a decisive commitment to foundational urban development, with capital-intensive engineering projects receiving the highest priority. A commanding allocation of ₹1,028 crore is designated for engineering works, underscoring a focus on core municipal infrastructure, including roads, bridges, and public buildings. Concurrently, the budget reflects a significant investment in public health and sanitation, with ₹455 crore earmarked to bolster healthcare facilities, waste management, and hygiene initiatives. Water supply infrastructure is allocated ₹260 crore, aimed at enhancing distribution networks and ensuring sustainable resource management. An additional ₹129 crore is dedicated to modernizing and expanding the city's street lighting grid, a move intended to improve public safety and energy efficiency. This fiscal plan represents a calculated prioritization of long-term urban resilience and service delivery, positioning engineering and essential civic amenities as the central pillars of GVMC's developmental agenda for the forthcoming period.

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