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Hey I am on Medial • 1y

Can India Unlock Sustainable Growth Through Municipal Bonds?

Anonymous 1

Hey I am on Medial • 1y

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.

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Hey I am on Medial • 1y

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?

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