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Financing capital investments in urban infrastructure: constraints in accessing capital market by urban local bodies

By: Bagchi, Soumen.
Material type: materialTypeLabelArticlePublisher: 2001Description: p.385-98.Subject(s): Urban development - India | Urban development In: Economic and Political WeeklySummary: In recent years arranging funds for infrastructural facilities, particularly urban basic services, has become the major plank of urban development policy in India. In the absence of a current account surplus, governments have been forced to look for alternative sources of financing long-term investments needed for urban basic services. This paper examines the nitty-gritty of alternative/unconventional modes of financing infrastructure, particularly, urban basic services in the country and analyses their feasibility in the current urban context. - Reproduced
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Articles Articles Indian Institute of Public Administration
Volume no: 36, Issue no: 4 Available AR48112

In recent years arranging funds for infrastructural facilities, particularly urban basic services, has become the major plank of urban development policy in India. In the absence of a current account surplus, governments have been forced to look for alternative sources of financing long-term investments needed for urban basic services. This paper examines the nitty-gritty of alternative/unconventional modes of financing infrastructure, particularly, urban basic services in the country and analyses their feasibility in the current urban context. - Reproduced

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