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Banks in Mumbai

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Civic administration & Economy

City officials
Mayor Datta Dalvi February 20, 2005
Municipal Commissioner Johny Joseph February 29, 2004
Police Commissioner Anami Narayan Roy February 5, 2004
Sheriff Vijaypat Singhania December 19, 2005
Collector Mahesh Pathak

The city is administered by the Brihanmumbai Municipal Corporation (BMC) (formerly the Bombay Municipal Corporation), with executive power vested in the Municipal Commissioner, who is an IAS officer appointed by the state government. The Corporation comprises 227 directly elected Councillors representing the twenty four municipal wards [14], five nominated Councillors, and a titular Mayor. The BMC is in charge of the civic and infrastructure needs of the metropolis. An Assistant Municipal Commissioner oversees each ward for administrative purposes. Almost all the state political parties field candidates in the elections for Councillors.

The metropolitan area forms two districts of Maharashtra, with each district under the jurisdiction of a District Collector. The Collectors are in charge of property records and revenue collection for the Federal Government, and oversee the national elections held in the city.

The Mumbai Police is headed by a Police Commissioner, who is an IPS officer. The Mumbai Police comes under the state Home Ministry. The city is divided into seven police zones and seventeen traffic police zones, each headed by a Deputy Commissioner of Police. The Traffic Police is a semi-autonomous body under the Mumbai Police.

Mumbai is the seat of the Bombay High Court, which exercises jurisdiction over the states of Maharashtra and Goa, and the Union Territories of Daman and Diu and Dadra and Nagar Haveli. Mumbai also has two lower courts, the Small Causes Court for civil matters, and the Sessions Court for criminal cases.

The city elects six members to the Lok Sabha and thirty-four members to the Maharashtra State Assembly.

The Municipal Corporation of Greater Mumbai (formerly Bombay Municipal Corporation) or the Brihanmumbai Municipal Corporation (Marathi: बृहन्मुंबई महानगर पालिका) is India’s richest municipal organisation. Established under the Bombay Municipal Corporation Act, 1888, it is responsible for the civic infrastructure and administration of the city of Mumbai (Bombay). Its motto, यतो धर्मस्ततो जय (Sanskrit: Yato Dharmastato Jaya or, Where there is Righteousness, there shall be Victory) is inscribed on the banner of its Coat of Arms. The BMC, as it is more popularly known, is the largest civic organisation in the country, and administers an area of 434 sq km.

Tasks

The BMC is responsible for administering and providing basic infrastructure to the city.

  • Building and Maintenance of roads, streets and flyovers.
  • Public Municipal schools
  • Water purification and supply
  • Hospitals
  • Street lighting
  • Maintenance of parks and open spaces
  • Sewage treatment and disposal
  • Garbage disposal and street cleanliness
  • Aiding in prevention of epidemic outbreaks through mass production of medicines at the Haffkine Institute.
  • Cemeteries and Crematoriums
  • Registering of births and deaths.
  • Lighthouses

BMC Building

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BMC Building

BMC Building

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BMC Building

Administration

The corporation is headed by a Municipal commissioner, an IAS officer. He wields the executive power of the house. A quinquennial election is held to elect corporators to power. They are responsible for overseeing that their constituencies have the basic civic infrastructure in place, and that there is no lacuna on the part of the authorities. The mayor heads the party with the largest vote. A largely ceremonial post, he has limited duties.

City officials
Mayor Datta Dalvi February 20, 2005
Municipal Commissioner Johny Joseph February 29, 2004
Police Commissioner Anami Narayan Roy February 5, 2004
Sheriff Vijaypat Singhania December 19, 2005
Collector Mahesh Pathak

Jurisdiction

The BMC is responsible for most of Mumbai’s territory. Their realm extends from Colaba in the south to Mulund and Dahisar in the north. Some regions such as Defence lands, Bombay Port Trust lands and the Borivali National Park area are out of their jurisdiction. The city is subdivided into alphabetical wards, from A to R. Each ward has own ward office which oversees its territory. The headquarters of the civic administration are in South Mumbai opposite the Victoria Terminus.

Other departments

The city’s fire department and the BEST undertaking are two autonomous bodies under the BMC.

Economy of Mumbai

Mumbai Skyline

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Mumbai Skyline

The Bombay Stock Exchange index reflects investor confidence in the economy of India.

Mumbai, formerly known as Bombay, is the commercial capital of India, contributing 10% of factory employment, 33% of income tax collections, 60% of customs duty collections, 20% of central excise tax collections, 40% of India’s foreign trade and rupees 40,000 crore (US $9 billion) in corporate taxes. Headquarters of a number of Indian financial institutions such as the Bombay Stock Exchange, Reserve Bank of India, National Stock Exchange, the Mint, as well as numerous Indian companies such as the Tata Group and Reliance are located in Mumbai. Most of these offices are located in downtown South Mumbai which is the nerve centre of the Indian economy. Many foreign establishments also have their branches in the South Bombay area.

Occupations

Mumbai has traditionally owed its prosperity largely to its textile mills and its seaport till the 1980s. This has now been replaced by industries employing more skilled labour such as engineering, diamond polishing, healthcare and information technology. As Mumbai is the state capital, government employees make up a large percentage of the city’s workforce. Mumbai also has a large unskilled and semi-skilled labour population, who primarily earn their livelihood as hawkers, taxi drivers, mechanics and other such proletarian professions. The port and shipping industry too employs many residents directly and indirectly. Like all other metropolitan cities, Mumbai also has a large influx of people from rural areas looking for employment.

The entertainment industry is the other major employer in Mumbai. Most of India’s television and satellite networks are located in Mumbai, as well as the major publishing houses. A large number of the Hindi and English television shows are produced in Mumbai. The Hindi movie industry, known by some as Bollywood, is also located in Mumbai, along with the largest studios and production houses.

Strategic Industries

Mumbai is home to the Bhaba Atomic Research Center, and most of India’s specialized, technical industries, having a modern industrial infrastructure and vast, skilled human resources. Rising venture capital firms, start-ups and established brands work in aerospace, optical engineering, medical research, information technology, computers and electronic equipment of all varieties, ship-building and salvaging, renewable energy and power.

Mumbai is also home to the Western fleet of the Indian Navy, key to India’s maritime security.

Consumer Industries

Mumbai has perhaps India’s biggest networks in the food, clothing and hoteling industries. The most ethnic Indian to the choicest international cuisine, the most luxurious, five-star hotel to the sleaziest, cheapest rooms, and supermarkets, chain stores and malls to road-size vendors and hawkers highlight this massive commercial artery.

Unusual industries

One of the more usual features of the Mumbai economy is the Dabbawala system that allows hot, frequently home-cooked, food to be delievered to office workers at their place of work with remarkable efficiency.

List of major Mumbai based companies

  • Reliance Industries Limited
  • Tata Group
  • Godrej
  • Rolta
  • Standard Chartered Bank
  • Life Insurance Corporation
  • ICICI Bank
  • HDFC BAnk

Industries

  • Film industry
  • Film equipment
  • Automotive parts
  • Utensils
  • Biscuits
  • Clothing
  • Textile mills
  • Pencils
  • Tractors