With 89 Smart Cities having initiated the credit rating process for municipal bonds, and instruments worth Rs.3,000 crore on the issue horizon, the fiscal future looks ideal for these prime urban spaces.
Tag: Kunal Kumar
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Pune Smart City to work with US Dept of Treasury for fund raising
Pune Municipal Corporation (PMC), which has pegged the cost of making Pune a Smart City within the next five years at Rs.3,480 crore, is in talks with the US governmentĂÂŽs Department of Treasury to help it raise funds via issuance of bonds.