Civic depts to submit 5-year development plan to improve PMC’s credit rating

Pune | Saturday | 11th May, 2019

Summary:

AdvertisingThe civic body has asked for these reports so as to further submit them for improving its credit rating. It has managed to raise funds for the water supply project through municipal bonds on the basis of better credit rating. The rating agency has sought information from the PMC for credit rating surveillance for 2018-19. “All the civic departments need to submit detailed information on their revenue as well as expenditure. It would help in improving the credit rating of the civic body..