Concept Summary: states are treated like stocks — each state has its own "stock" on an exchange. Investors buy shares in a city. The invested funds go directly into infrastructure, public services, or urban development projects. Shareholders receive dividends from the city's revenue (e.g., municipal profits, tolls, real estate leases, or special development returns). Possible Benefits: Citizens and NRIs can invest in their hometowns or growing cities. Increased public participation in city planning and accountability. Faster urban development without complete reliance on government funds. Challenges: Legal and regulatory approval – cities aren’t companies under current law. Transparency and corruption concerns in fund usage. How to calculate dividends? (City revenue isn't directly profitable like a company). Risk for investors – city performance isn't just economic. Similar Concepts: Municipal bonds (India already has these, but they're limited).
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