{"id":15664,"date":"2026-08-19T11:38:55","date_gmt":"2026-08-19T06:08:55","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=15664"},"modified":"2026-08-19T11:41:15","modified_gmt":"2026-08-19T06:11:15","slug":"smart-cities-mission-municipal-bonds-how-indian-cities-raise-funds","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/bond-news\/smart-cities-mission-municipal-bonds-how-indian-cities-raise-funds\/","title":{"rendered":"Smart Cities Mission & Municipal Bonds: How Indian Cities Raise Funds"},"content":{"rendered":"
\n
\ud83d\udcdd Quick Summary:<\/div>\n

<\/span>India’s Smart Cities Mission is nearly done, with 97% of its 8,064 projects completed as of March 2026. But the bigger question now is how cities fund the next phase of urban infrastructure. This article breaks down the Mission’s numbers, why municipal bonds remain a tiny fraction of city financing, and what SEBI’s latest reforms could change.\u00a0<\/strong><\/span><\/h2>\n<\/div>\n\n\n

Grants funded India’s Smart Cities Mission. Bonds were expected to pay for what came after that. And that’s where the story gets interesting. Beginning in 2015 with an estimated \u20b948,000 crore central budget, the Mission spent a decade transforming 100 cities with integrated command centers, smart meters, and many other things. I<\/p>

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n