The BMC has allocated Rs 850 crore Brihanmumbai Electric Supply and Transport (BEST) Undertaking in the current financial year, an official statement said on Tuesday.

The statement said that the BMC has taken steps to secure Rs 493 crore for the purchase of electric buses. Furthermore, the BMC has provided Rs 80 crore as Diwali bonuses for BEST employees this year. Plans are also in place to allocate more funds in the upcoming budget.