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Bihar News

The Times of India

Bihar / The Times of India

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UDHD clears PMC plan to raise Rs200 crore via municipal bonds

Patna Municipal Corporation is set to issue municipal bonds worth up to Rs 200 crore, a move approved by the urban development department. This will fund major urban redevelopment projects, including the New Market area, with potential central government incentives. The initiative aims to enhance civic services and financial discipline in the city.

13 Apr 2026 10:53 pm