Summary:
Ministry of housing and urban affairs moots partnership models and raising of municipal finance bonds for implementation of projects like AMRUT and Smart City. "As per the proposal, municipal finance cadre has been recommended for the nine cities chosen for the AMRUT Scheme in the state. THIRUVANANTHAPURAM: The department of urban affairs has proposed formation of a municipal finance cadre in the state, reinforcing the need to get trained personnel in civic bodies to augment utilization of plan funds and funds for centrally-sponsored schemes. At present it is often the clerks who are not well versed in financial matters deal with the handling of plan funds. The state government is already struggling to meet the monthly demands of civic bodies, especially the newly-formed municipalities, following delimitation..