Municipal bonds are key to city finances
Oct 21, 2024 8:28 PM IST
Rajkot’s success offers hope for other cities, more so with the political challenge that boosting local taxes poses.
Rajkot’s oversubscribed municipal bonds issue comes in the context of surging finance needs of city governments and very little own revenues and transfer of funds from the state governments (Trinidade/Wikimedia Commons)
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News editorials Municipal bonds are key to city finances