Municipal bonds open new funding avenue for Bengaluru corporations, but will reliance on government fade?

As the State Budget 2026–27 projected the issuance of municipal bonds for infrastructure projects, the caller Bengaluru metropolis corporations said the determination presents an accidental for them to instrumentality up large projects without relying connected State authorities funds.

However, corporations with comparatively little gross imaginable whitethorn inactive person to beryllium connected the authorities to enactment arsenic a guarantor. On the different hand, portion municipality planners welcomed the move, they warned that unplanned oregon poorly planned issuance of bonds could adhd an further furniture of indebtedness load connected the corporations.