Back

Aastha

📉 • 2m

Can India Unlock Sustainable Growth Through Municipal Bonds?

Anonymous 1

Hey I am on Medial • 2m

municipal bonds only work if they're part of a larger fiscal decentralization framework. India's cities control just 1-2% of public expenditure, compared to 20-35% in most developed economies. No financial instrument can overcome this structural weakness.

1 replies1 like

Replies (1)

Aastha

📉 • 2m

how do we even begin shifting toward real fiscal decentralization in India? Is it more about constitutional reform, state-level political will, or can certain pilot models (like municipal SPVs tied to infra projects) help demonstrate viability and nudge policy over time?

0 replies

Recommendations from Medial

Ronak Patel

Here you go! • 4m

💸25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modi’s government in its third term, a