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Mobilisation of financial resources in Lucknow municipal corporation: Status, trends and issues

By: Singh, U.B.
Material type: materialTypeLabelBookPublisher: Nagarlok Description: 52(3), Jul-Sep, 2020: p.50-71.Subject(s): Revenue, Municipal bond, Centralised management System, Citizen-centric In: NagarlokSummary: Lucknow is a historical city. Its administration owes its genesis to British days. It is, however presently the largest city in most populous state of Uttar Pradesh. Being the state capital, it enjoys distinctly placed status and position. Lucknow Municipal Corporation is a leading municipal corporation in the state. It strives hard to become the role model for others. Its revenue balance is encouraging. With a financially strong base, the corporation has initiated to access the capital market through floating municipal bond with an aim to invest for improving its infrastructure network. Keeping this in view, this study aims to assess its financial resources and to review its spending pattern. – Reproduced
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Articles Articles Indian Institute of Public Administration
52(3), Jul-Sep, 2020: p.50-71 Available AR124057

Lucknow is a historical city. Its administration owes its genesis to British days. It is, however presently the largest city in most populous state of Uttar Pradesh. Being the state capital, it enjoys distinctly placed status and position. Lucknow Municipal Corporation is a leading municipal corporation in the state. It strives hard to become the role model for others. Its revenue balance is encouraging. With a financially strong base, the corporation has initiated to access the capital market through floating municipal bond with an aim to invest for improving its infrastructure network. Keeping this in view, this study aims to assess its financial resources and to review its spending pattern. – Reproduced

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