Endogenous. : factors refer to those that have to do with the ULBs’ own operations which could be responsible for the level of under-spending Endogenous factors refer to the internal factors that impact the financial performance of a municipality. These […]
The Municipal Finance Assessment Framework (MFAF) is a tool developed by the World Bank to help local governments and municipalities assess their financial performance and identify areas for improvement. The framework is designed to be adaptable to the specific needs […]
The Pooled Finance Development Fund (PFDF) is a fund set up by the Government of India in collaboration with the World Bank. Its objective is to support and promote infrastructure development at the state and local level in India. The […]
Only financially strong, large municipal corporations are in a position to directly access capital markets. Most small and medium ULBs are not able to directly access capital markets on the strength of their own balance sheets. Also, the cost of […]
Municipal bonds, like any other investment, face several constraints that can impact their performance. Some of these constraints include: Supply-side Constraints are: • Institutional investors with long-term funds face regulatory constraints on purchasing municipal bonds: Institutional investors such as the […]
A municipal bond is a debt security issued by a state, municipality or county to finance its capital expenditures. Municipal bonds are exempt from federal taxes and from most state and local taxes, especially if you live in the state […]
Municipal debt is a government loans, market loans (open market and loans from financial institutions), interest bearing internal loans and external (World Bank) borrowing Municipal debt in India is regulated by the Ministry of Housing and Urban Affairs and the […]
State & local government taxing powers, debt tools and credit quality can serve economic development purposes: •Raise capital for development finance programs •Finance infrastructure, public improvements or services needed to attract private development and investment •Expand capital availability for manufacturers […]
In addition to tax revenues, Urban Local Governments (ULGs) in India can also generate non-tax revenue through various means. Non-tax revenue refers to revenue that is generated from sources other than taxes. A further source of urban local governments income […]
Tax revenue is an important source of income for Urban Local Governments (ULGs) in India, which includes Municipal Corporations, Municipal Councils, and Nagar Panchayats. ULGs in India are empowered to levy various taxes and fees to generate revenue for providing […]
B.Arch from MNIT (Malaviya National Institute of Technology ) , Jaipur. 1994-1999 Batch
M.Plan (Urban Planning)