Mysore/Mysuru: What may come as a huge financial relief to the cash-strapped Mysuru City Corporation (MCC), the United States Department of the Treasury has come forward to provide technical know-how to float Municipal Bonds for major infrastructure projects.
Mysuru figures in the list of six cities that have been selected to receive guidance from the US Treasury Department. Other cities in the list are Rajkot, Vadodara, Lucknow, Pimpri Chinchwad and Mangaluru. This would be the first time these cities would raise money from the open market through Municipal Bonds.
