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Financing is so tight for the Adani Group after its shares got savaged by Hindenburg that it plans a $500 million loan prepayment by P R SANJAI, SUVASHREE GHOSH, STEVEN ARONS AND BLOOMBERG FFebruary 9, 2023 https://fortune.com/2023/02/08/gautam-adani-group-prepay-500-million-bridge-loan-financing-hindenburg-short-seller/  This marks the second time in a week that the group has taken steps to prepay debt as it fights to regain investor confidence and stem the stock rout. Billionaire Gautam Adani and his family have prepaid $1.11 billion worth of borrowings backed by shares, the group said Monday.

Adani faced a margin call of more than $500 million on that loan, prompting the Indian tycoon to repay the whole debt, Financial Times reported Wednesday. The Adani Group said it didn’t receive a formal request for a margin call and that the loan was repaid early “per our prepayment planning,” the paper reported.

Adani faced margin call on $1.1bn loan before repaying in full - https://www.ft.com/content/b5ad1852-dd09-4b38-8d74-c2a99462395f  Comment BY SS From "Prepaid" to "Repaid": All Too Fast!

Gautam Adani, whose Indian business empire is under pressure over fraud allegations, repaid a $1.1bn share-backed loan last week after facing a margin call of more than $500mn, according to four people with direct knowledge of the matter. They said the repayment was designed to avoid further damage to investor confidence in the group.

Rather than post cash against the loan, which did not mature until September 2024, the Adani Group’s founder and his family opted to repay it completely. Adani has not disclosed the source of the funds used to repay the loan.

 

"The Mumbai Marathi Patrakar Sangh, the Brihanmumbai Union of Journalists and the People’s Union of Civil Liberties (Maharashtra) have all expressed shock over the incident. The organisations have said that Warishe’s killing was clearly designed “to silence and intimidate all those who dare to speak up and to uncover the intimidation and land-grab that has been going on in the name of acquisition of land for the project.” https://thewire.in/media/maharashtra-journalist-killed-refinery-shashikant-warishe 

https://indianexpress.com/article/cities/mumbai/green-patches-are-being-crushed-this-is-leading-to-poor-air-quality-surendra-jondhale-8426097/  Pratip Acharya  February 6, 2023

Green patches are being crushed… this is leading to poor air quality: Surendra Jondhale "Another aspect of this budget is that the BMC is going to dive into its reserves (Fixed Deposit) and they are saying that this money will be utilised for development works in city," says Jondhale.
This budget is entirely a politically shadowed administrative budget.  you will see that lesser funds are being allotted to the education and health department, just like the Union budget for this year.

Another aspect of this budget is that the BMC is going to dive into its reserves (Fixed Deposit) and they are saying that this money will be utilised for development works in city.  ( see Udhav Thackeray response to PM's suggestion in this regard )

This year we have seen the municipal commissioner speaking majorly about mitigating air pollution. They have also earmarked Rs 25 crore for this purpose.  Union Finance Minister Nirmala Sitharaman has also spoken about mitigating air pollution of Mumbai and she has connected the current situation with better waste management. The situation in Mumbai today is the result of prolonged incorrect waste management. Air pollution is just an additional factor, the unmanaged construction works, open debris dumping and garbage burning are the primary contributing factors for bad air quality. These factors need to be addressed first, then only the problem could be solved at a holistic level.

These problems wouldn’t have risen in the first place, if the city had enough green patches and trees. For example, the Aarey forest is like an oasis to the Mumbai metropolis. Whatever green patches are left in the city now are now being crushed for real estate or infrastructure projects. The lack of trees around is only resulting in poorer air quality nowadays.

This budget is proposed solely keeping the upcoming elections in mind.