Policy Scan December 2017admin
Roundtable on “Smart Cities: Role of private capital in financing municipal infrastructure”
Janaagraha and Edelweiss held a roundtable in Mumbai on the 23rd of November with key stakeholders from central and state governments, select municipalities, credit rating agencies and the full range of financial services institutions that actively engage in the capital markets, to draw focus on the need for capital at the municipality level and the roadmap to tap municipal bonds to address this need. The objective of the round table was to actively engage key stakeholders on core reform agendas necessary to catalyse the municipal bond market in India.
View the event report here
View the CNBC Coverage of the Event:
Part 1 and Part 2
Availability, access, maintenance issues ail public spaces in Bengaluru
Janaagraha’s I Change My City undertook surveys of public amenities like Parks, Playgrounds and Public toilets across Bengaluru to assess their accessibility and infrastructure quality. The report scores these public amenities on various parameters and gives an insight to the extent the city is serviced, the quality of infrastructure and suggestions on improving the quality of these amenities.
View the Park & Playgrounds and Toilets Survey Reports here
Mumbai’s balance sheet has the strength to raise funds worth INR 767 bn via Municipal Bonds
MCGM is uniquely positioned as India’s richest municipality with a balance sheet size of over Rs 100,000 crores and annual budget size of over Rs 24,000 crores.While MCGM continues to be the richest municipality in India and has significant funds lying in bank deposits, several of the capital projects undertaken by it have been delayed and are yet to be commissioned.
View the Janaagraha analysis of MCGM financials here