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1.Bond with the Best!

Does India have instruments to fund Rs 350-bn a year for urban development?


2.Ahmedabad Municipal Corporation to invest Rs 611 crore on roads and flyovers

The Ahmedabad Municipal Corporation (AMC) will reportedly be investing Rs 611 crore on road and flyover works for FY2018-19. As per reports, the civic body plans to construct a new road network spanning 150 km in the city in the year 2018-19.


3.Gujarat floats Rs 700 crore slum redevelopment fund

The Gujarat Government has floated a Slum Redevelopment Premium Fund (SRPF) with an initial corpus of Rs 700 crore. This fund from the Central and state government's grants will be exclusively for funding affordable housing projects across the state.


4.Credit rating of civic bodies takes off

In a bid to make cities get their act together and become active in the bond market so that local municipal bodies can mobilise resources, a first-of-its-kind credit rating has been launched. To begin with, Ahmedabad Municipal Corporation and New Delhi Municipal Council (NDMC) have been rated as A--.


5.Who will repair damaged roads in Ahmedabad?

According to a report by the Road and Building Committee of the Ahmedabad Municipal Corporation (AMC), there are 13 stretches in the city's west zone which have been damaged. Six of them would be repaired by the AMC road project and the rest by contractors as they fall under the guarantee period.


6.AMC proposal to turn a road into concrete one

In Ahmedabad, a 3.25 km-long road stretch, from Pakwaan junction via SG Road, Sindhu Bhavan to Sardar Patel Ring Road, is going to be developed into concrete road. For this the Ahmedabad Municipal Corporation (AMC) has put forth a proposal worth Rs 38.89 crore.


7.Centre clears DPR for extension of BRTS in Ahmedabad

The central government cleared the proposal of the Ahmedabad Municipal Corporation (AMC) to implement Rs 500-crore BRTS phase-III project in the city. The corporation intends to extend the reach of BRTS to SP Ring Road to provide better connectivity to commuters in Ahmedabad


8.AMC to build 10,000 affordable homes

In Gujarat, the Ahmedabad Municipal Corporation (AMC) is also to launch affordable housing units in the city. The civic body will launch 10,000 units for lower income group and economically weaker section of the society. Already Gandhinagar Urban Development Authority, Gujarat Housing Board and Ahmedabad Urban Development Authority have got into building affordable homes to the poor.


9.Potholes on Ahmedabad roads are yet to be repaired

In Ahmedabad, heavy rainfall has dented many a road, making commuting a challenging and risky affair. However, the Ahmedabad Municipal Corporation (AMC) does not seem quite eager to deal with the problem of potholes. The whopping Rs 700 crore that AMC has spent on roads has done little to provide safe and pothole-free roads to Amdavadis. Lack of quality control measures and supervision seems to be the reason behind this menace.


10.AMC to share expertise with BDA in town planning schemes

Bhubaneswar Development Authority (BDA) and Ahmedabad Municipal Corporation (AMC) have signed an MOU recently on implementation of town planning scheme. AMC is quite successful in implementing highest number of Town Planning Schemes for decades. The MOU was signed with the intention to share AMC expertise and rich experience with BDA in town planning schemes.


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