The Nashik Municipal Corporation has become Maharashtra’s first urban local body to list its Green Municipal Bond public issue on the National Stock Exchange.

 

Marking the proud moment, Maharashtra Chief Minister Devendra Fadnavis rang the ceremonial bell at the National Stock Exchange in Mumbai this morning. 

 

Speaking on the occasion, Mr. Fadnavis said municipal bodies across the country are being encouraged to access bond markets and mobilise resources for public welfare projects. Stating that the Green Municipal Bonds mark a new era for Nashik infrastructure, Mr. Fadnavis said the milestone will support preparations for the upcoming Nashik Kumbh Mela while strengthening the city’s urban infrastructure.