Latest Articles in municipal bonds
SEBI eases norms for smart cities to raise funds through 'Muni Bonds'
The decision comes after the board of Securities and Exchange Board of India approved norms in this regard in August.
Read MoreSebi to relax norms for Smart Cities to issue Municipal bonds
The proposed norms would be presented for Sebi's board approval at a meeting scheduled later this month.
Read MoreMoHUA grants Rs 26 cr as Central incentive to GHMC
Ministry of Housing and Urban Affairs (MoHUA) has agreed to extend financial incentives to city Urban Local Bodies for issuing municipal bonds for the year 2019-20 also.
Read MoreCities are becoming smart but what about financing?
China for example, where all urban land is owned by the local / city Government. Consequently, land monetization was one of the main sources of financing for Chinese cities during the Special Economic Zone (SEZ) development phase of the eighties.
Read MoreCities are becoming smart but what about financing?
When it comes to source of financing, most of the smart city plans envisage around 70 per cent of the total outlay to be funded by the Central and State Government, either through the Smart City Mission or through convergence schemes like AMRUT, Swachh Bharat etc.
Read MoreNDMC, Navi Mumbai, Pune Leads In MOUD’s Credit Rating
NDMC, Navi Mumbai and Pune have gained AA+ Credit Rating while Ahmedabad, Visakhapatnam and Greater Hyderabad Municipal Corporation have got AA credit rating.
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