From the crackdown on several city-based activists to the biggest ever municipal bonds issue by an Indian city — check out some of the major headlines from urban India over the last week.
The Centre has been actively promoting municipal bonds as a source to fund development of cities, but those with lower credit ratings may not find it a very smooth option to raise money through the same.
From AMRUT to Swachh Bharat to Smart Cities, the wide range of schemes in place reflect the government’s thrust on urban development. But how will these schemes be financed? Here’s a primer on the options available and some recent policies meant to help cities improve their finances.
