CXO

Financing Indian Cities: Opportunities And Constraints In An Nth Best World

Date Added: Nov 2010
Format: PDF

This paper examines international experience with mobilizing funding for both capital and recurrent costs for municipal infrastructure with a view to identifying areas where India could improve its system of financing infrastructure in cities. Based on international data, the analysis shows that there is indeed a wide range of models for funding municipal infrastructure across a group even as relatively homogeneous as the European Union. Although a number of different models operate in countries with very good services, important features of India's municipal finance system stand out.