The Bruhat Bengaluru Mahanagara Palike (BBMP) is in a veritable financial mess, and few have a clue about bow to extricate the Palike from it. In spite of available data on municipal finances, little analysis has been done on them, and accountants (even though there is a shortage of them) are the only ones who understand the data.
These observations come from a well-known economist who has studied the BBMP’s budgets, and has a number of recommendations to make. Mukul Asher, who specialises in public sector economics and social security issues in Asia, made these observations recently when he was in the city for lectures to course participants of the B.PAC Civic Leadership Incubator Program (B.CLIP) being conducted by the Bangalore Political Action Committee (BPAC) with Takshashila Institution as the knowledge partner.
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