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December 14, 2020
Lucknow Municipal Corporation (LMC) has become first in North India to have its bond listed on the Bombay Stock Exchange (BSE) in the presence of Uttar Pradesh Chief Minister Yogi Adityanath early this month. The response was overwhelming with subscription of over 200 crores within no time. UP achieved second rank in Ease of Doing Business motivating the Industrial Houses to avail the benefit of investment friendly liberal policies and rapidly
developed infrastructural facilities.
“The listing of 200 crores Municipal Bond is a step ahead for UP on the path of ‘self-reliance’. “Uttar Pradesh will play a pivotal role in fulfilling the commitment of Prime Minister of Atmanirbhar Bharat”, CM Yogi Adityanath asserted in a ringing bell ceremony in the Heritage Hall BSE and described the listing of the bond as ‘the starting of a new era’ in the history of the state. ....

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