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ULB REFORMS
India, ADB sign $400-million loan pact for urban reformsThe latest programme supports the Indian government’s urban sector strategy, with a focus on urban reforms that are aimed at making cities ...- Fiscal azaadi for our cities: The mechanism urban local bodies must findThere is a need for urban local bodies across the country to find an alternative mechanism for financing development and reduce their depen...
- India needs to invest nearly $55 billion a year in urban infra: World Bank reportThe report underlined the need to improve the financing avenues for India's urban local bodies, better involve the private sector in projec...
- Engaging third party for property tax collection will not result in additional financial burden: Assam govtThe government in statement stated that the 74th constitutional amendment envisages that Municipal Bodies should be vibrant units of Local ...
- View: 15th FC support for urban local governments must deliver better, by giving them more autonomyOf Rs 4,36,361 crore grants recommended for local governments (LBs), Rs 8,000 crore are performance based incubation grants for 8 new citie...
- Kerala granted Rs 2,373 crore additional borrowing limitThe latest development took the total additional borrowing granted to the states on account of EoDB reforms to Rs 23,149 crore so far, the ...
- Telangana completes urban local bodies reforms; gets nod for Rs 2,508 cr additional borrowingsThe permission for mobilising additional financial resources of Rs 2,508 crore through Open Market Borrowings was issued by Department of E...
- Centre grants Rs 4,898 crore of reform-linked additional borrowing limit to Andhra and MPWhile AP received permission to mobilise Rs 2,525 cr through market borrowings, MP can raise an additional Rs 2,373 cr, according to a fina...
- View: India’s urbanisation challenges and the way forwardThe political economy of development in India has always leaned rural. It was not until 2005 when the JNNURM was launched to reform cities ...
- ULBs contribute to less than 37% revenue of total receiptAmong the 12 states analysed in the study, Punjab (74%), Goa (55%) and Andhra Pradesh (54%) were the only ones whose municipal bodies contr...
- States to be penalised for delay in transferring AMRUT funds: Babul SupriyoThe minister stated that AMRUT is a time bound programme to be implemented over a period of five years from 2015.
- PM Modi wants ‘smart cities’ to take up doable itemsModi wants designated cities, after their identification, to take up doable tasks and a few smart solutions rather than taking up a mega wi...
- Cabinet relaxes norms for grant of central funds for UIDSSMTUnion Cabinet today relaxed the conditionalities for reforms under its Urban Infrastructure Development Scheme for Small and Medium Towns.
- Rajiv Awas Yojana: Government errs by not assessing similar projects like BSUP and IHSDPRajiv Awas Yojana was launched in 2010. Why did we launch RAY, apart from the desire to invoke Rajiv Gandhi's name in a scheme?
- No. of JNNURM projects falls due to local bodies' poor capacityThe scheme, being implemented in 65 cities, was started in 2005-06 with the objective of encouraging reforms and speeding up planned develo...
- Urban reforms give civic sense a leg upRationalisation of stamp duty, repeal of archaic laws and stronger local bodies have given cities breathing space.
- Rs 10k cr municipal bonds to flood StUrban local bodies can raise funds worth Rs 10,000 crore from the markets through issue of municipal bonds over the next five years.
- JNNURM to speed up development of cities & towns
- Industry may run urban utilitiesAfter unbundling of state electricity boards, the government wants to implement the same model in urban local bodies (ULB) and state munici...
- Property tax mop-up may decide fund flows to statesIn Budget 2007, the Centre may link enhanced property tax collections by states as a pre-requisite for getting funds under the centrally-sp...
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