The Hindu·3 min read·medium
Pooled municipal bonds to finance priority urban infrastructure projects in ULBs
S
Sambasiva Rao M.
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The Andhra Pradesh government has approved a ₹1,010-crore pooled municipal bond framework to fund urban infrastructure projects. This initiative aims to reduce reliance on government grants and improve financial transparency in urban local bodies.
The Andhra Pradesh government has accorded in-principle approval for the ₹1,010-crore Pooled Municipal Bond Issuance Framework, paving the way for urban local bodies (ULBs) to access capital markets for infrastructure development.
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