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Friday, Oct 25, 2024

Municipal bonds pave way for cities to develop civic amenities

A 2022 World Bank estimate said India needs to invest $55 billion per annum for 15 years to build the necessary urban infrastructure
The central government, multilateral agencies and policy observers have been advocating cities to explore the bond route. (Representative file photo)
The central government, multilateral agencies and policy observers have been advocating cities to explore the bond route. (Representative file photo)

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