URBAN LOCAL BODIES REFORMS

Jan. 13, 2021

Manipur has become the 4th State in the country to successfully undertake “Urban Local Bodies (ULB)” reforms stipulated by the Department of Expenditure, Ministry of Finance in its letter to the States dated 17th May, 2020.

About:

  • Thus, the State has become eligible to mobilise additional financial resources of Rs.75 crore through Open Market Borrowings.

  • Manipur has now joined the three other States namely, Andhra Pradesh, Madhya Pradesh and Telangana, who have completed this reform.

Benefits:

  • Reforms in the Urban Local Bodies and the urban utilities reforms are aimed at financial strenghtening of ULBs in the States and to enable them to provide better public health and sanitation services.

  • Economically rejuvenated ULBs will also be able to create good civic infrastructure.

Source : LiveMint