Mumbai: Anti-Narcotics Cell has arrested a drug smuggler claiming to have seized MD Mephedone worth over Rs 35 lakh. A suspect was found in a suspicious condition in Mumbai’s Bandra area. When he was searched, the police found 142 grams of MD from his possession, which is said to be worth Rs 35 lakh. A case has been registered against him under the NDPS Act in Kherwadi police. This action was taken by the ANC Worli unit.

Mumbai: Commenting on the revelation of the Pakistani conspiracy to create unrest in the Cockroach Janata Party (CJP) protest, Maharashtra Cyber ​​​​Department has threatened that if anyone conspires to invade India in the country, he will be crushed. He said that in the action of the Cyber ​​​​Department, it became clear that people were running their operation with a gun on the shoulders of students. Nitesh Rane said that the central government has framed strict laws in the matter of net paper leak, but anyone who tries to create unrest or unrest in Hindu Rashtra will not be spared. Nitesh Rane also criticized Uddhav Thackeray and said that the comedian who insulted Sita Mata was also a participant in the Shivaji Park protest, so why did Uddhav Thackeray remain silent on this? Nitesh Rane made a sensational allegation and said that during the students’ protest, why were the slogans of “Takbir Allahu Akbar” and “Sar-e-Tana” raised? He said that there is no connection between the student protests and the invasion of India. If anyone does this, all of them will be pulverized. He said that we had already expressed concern about the way Maharashtra Cyber ​​has foiled the conspiracy to create unrest in the country.

Mumbai: Municipal Corporation (BMC) – Asia’s richest municipal body plans to raise ₹9,500 crore through ‘municipal bonds’. The bonds are to be issued by December. However, Samajwadi Party MLA from Bhiwandi East, Raees Sheikh, on Tuesday demanded that the municipal administration issue a financial white paper on the corporation’s investments before issuing the bonds. Speaking on the issue, MLA Raees Sheikh noted that the BMC has selected three companies – A.K. Capital Services, Tipsons Consultancy Services, and Trust Investment Advisors – to manage the proposed bonds. These companies will act as merchant bankers in the issuance process. The corporators have consistently opposed the hasty issuance of these bonds, and this opposition continues. The bonds are essentially a form of debt. The BMC will have to pay interest on them, and the indirect burden of all this will ultimately fall on the citizens of Mumbai.

The BMC squandered crores of rupees on city beautification projects just before the elections. As a result, the corporation’s financial management has deteriorated. This has forced the BMC to borrow funds from the market for infrastructure projects like sewage treatment plants, integrated flood control schemes, pumping stations, tunnels and major roads. MLA Raees Sheikh alleged that for the first time in the 133-year history of the BMC, the corporation has been forced to raise funds through bonds.

A credible repayment plan is essential while issuing bonds. It is necessary to verify whether the municipal corporation is able to repay the loan or not. However, the municipal administration is not ready to discuss the issue. As a result, the opposition has been continuously demanding a financial white paper. Issuing a white paper will reveal the exact financial position of the corporation and will clarify the details regarding its investments. MLA Raees Sheikh said that an inquiry should also be conducted about the corporation’s investment, and only then would it be appropriate for the administration to issue bonds worth Rs 9,500 crore.