BMC under fire over tree cutting plan

Mumbai: On May 29, the BMC decided to cut 1900 trees for Versova-Bhayandar Link Road. The decision saw a massive uproar by the opposition as well as the environmentalists concerned about the city’s rising temperature and unpredictable climate. The BMC has claimed that Mumbai’s civilisation is growing rapidly, and to keep up the pace, the city needs more roadways. This is important as current infrastructure is lacking capacity to handle the traffic. “To create this infrastructure, we will have...

min read

Mumbai: On May 29, the BMC decided to cut 1900 trees for Versova-Bhayandar Link Road. The decision saw a massive uproar by the opposition as well as the environmentalists concerned about the city’s rising temperature and unpredictable climate. The BMC has claimed that Mumbai’s civilisation is growing rapidly, and to keep up the pace, the city needs more roadways. This is important as current infrastructure is lacking capacity to handle the traffic. “To create this infrastructure, we will have to cut 1900 trees. We will replant 700 trees, and 1200 trees will be cut,” said Ganesh Khankar, the BJP group leader in the BMC. “We will plant 3000 plants in Panvel. We are also planning to implement the rule to plant at least one tree in the 45000 housing societies of Mumbai.” Bansari Kothari, an environmentalist, claimed that this infrastructure may not be the best plan for the city. “The trees that will be compensated will be in Panvel. But the trees will be cut between Versova and Bhayandar. So the citizens of Versova and Bhayandar will lose their tree cover. Thus, it does not give proper justification. For the development of the coastal road that benefits only two to three percent of the population, we cannot cut trees that benefit 100 percent of the population,” she said. The environmentalists have claimed that these trees are precious and invaluable. The age of some of these trees is 35 and 60 years and more. The authorities have promised to plant 3000 trees in Panvel, but these are just small saplings and will take at least 25 to 30 years to grow and become a tree. Former mayor and opposition leader Kishori Pednekar said development is important but not at the cost of the environment. “Mumbai will become a desert. How will they stop that? Development is important but not by destroying nature. Development is necessary. We need metros and monorails but not at the cost of the environment,” she said. Environmentalist Stalin D, president of an NGO Vanashakti, warned that the consequence of cutting trees at this rate can create many problems for the citizens of Mumbai. “India will be badly affected by the climate crisis; despite that, if we don’t take action, then it will be too late. They are planning to make the city like Dubai. The same heat in the afternoon where nobody can get out of the house. Everything is barren. People dying for water.”

Why Women Are Better Investors Than Men

Kaustubh Kale
Mar 9, 2025
2 min read

Updated: Mar 10, 2025

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.

Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.

A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.

Why Women Make Better Investors

Several traits make women stand out as investors:

Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.

Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.

Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks.

Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.

Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.

Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!