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Strengthening Infrastructure

Strengthening Infrastructure

Two-thirds of the infrastructure investment, as per the revised plan, was to be funded by the public sector (central and state governments) while the remaining one-third was to come from the private sector.

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With municipal bonds, ULBs will be accountable

With municipal bonds, ULBs will be accountable

There are many sources to fund projects envisaged by selected smart cities. One of the important means is grants by governments-state and central. In fact, the smart cities can structure themselves to monetise some of the assets under their possession and identify revenue-generating projects.

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Bonding with the Best

Bonding with the Best

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.

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Infra-vestment | Follow the Money

Infra-vestment | Follow the Money

India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.

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ONGC, HPCL may sell stake in MRPL

ONGC, HPCL may sell stake in MRPL

State-owned ONGC and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) to comply with regulations on minimum public holding.

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