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
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.