Maha Cabinet approves asset monetisation policy to boost revenue for urban local bodies

Mumbai, July 14 (IANS) The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved the Asset Monetisation Policy to boost revenue for Urban Local Bodies (ULBs). This aims to make ULBs financially self-reliant allowing Municipal Corporations, Municipal Councils, and Nagar Panchayats to leverage their land and properties to generate new, sustainable revenue streams. […]