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India Should Introduce an Insolvency Law for Municipalities and Local Bodies

India Should Introduce an Insolvency Law for Municipalities and Local Bodies

by Eugenio Vaccari | Jan 3, 2025 | India, Local authorities, Local government, Local public entities

India’s infrastructure capacity has struggled to keep pace with its rapid urbanisation. Municipalities, tasked with building and maintaining urban infrastructure, face several challenges, including dwindling revenues, high administrative costs, a deteriorating credit...

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