HomeAsia-Pacific

India's cities need $2.4 trillion by 2050, but where will the money come from

Asia-Pacific 1 source 1 country 🔦 Under-reported 33m ago

Indian cities need $2.4 trillion by 2050 for climate resilience and low-carbon development. Municipal corporations face significant revenue and capital access limitations currently. Urban infrastructure investments of $840 billion are projected over the next fifteen years.

Cities must become investment-ready entities to attract necessary capital for growth. This financial strengthening is crucial for achieving the Viksit Bharat 2047 vision.

Summary from source
Read the full story at the source Times of India · IN
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →