Continuing our blog series on Municipal Finance in India, in this two-part series we review the Report on Indian Urban Infrastructure and Services (2011).

The absence of secondary markets for corporate bonds in India is arguably the single most important reason for this market not seeing the kind of growth one would expect.

I was recently made aware of a fascinating speech2 on this topic given by Mr. V. K. Sharma (ED, RBI) in Mumbai on November 8th, 2012.

In India, rice and wheat comprise 70 percent of agricultural produce by area, but less than 25 percent by value.

Following the posts on Functions of ULBs and Municipal Funds as part of the Municipal Finance blog series, this post provides an overview of functionaries at ULBs, explains why the poor urban service delivery mechanism is rooted in weak staff capacity and disjointed institutional set-up and concludes with recommendations for strengthening capacity building.

Recently IFMR Capital hosted its third Investor Seminar in Mumbai. The theme of the seminar was 'Risk Underwriting in Asset Classes that Impact Low-Income Households'.

his post is a continunation of our series of posts on Unemployment Support in India. The below post borrows heavily from Kamimura’s “Employment structure and Unemployment insurance in East Asia

On Monday, IFMR Capital listed the senior securities of IFMR Capital MosecTM XXII on BSE. This was the first instance of listing of securitised debt in India and marks a significant step towards greater transparency and sustainability in IFMR Capital’s efforts towards financial inclusion, simultaneously marking a milestone for debt securitisation in India.

IFMR Capital recently closed its largest securitisation transaction till date, MosecTM 21. It was an INR 65 crore transaction backed by a pool of 50,000 micro loans.

As part of our series on Municipal Finance, this blog post discusses the present state of municipal finances by taking an in-depth look at municipal revenue and expenditure in India.