What are municipal bonds? Discuss what role they can play in financing of urban local bodies.
- December 18, 2021
- Posted by: OptimizeIAS Team
- Category: DPS Topics
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Hint: Municipal bonds are being seen as viable source of finance for ULBs. Thus, the question will need their role in financing of the local bodies.
Introduction (I): Define Municipal bonds. Body (B): 1) Briefly highlight gaps in financing in ULBs. 2) Now bring out the role these bonds can play in financing of these bonds and also challenges it faces. Conclusion (C): In conclusion you can add measure to promote municipal bonds. |