Municipal corporations need to impose adequate user charges to provide better facilities: RBI report

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Times of India 4h ago

Municipal corporations need to impose adequate user charges to provide better facilities: RBI report - Times of India

Quick Summary:

The Reserve Bank of India suggests that municipal corporations can improve their financial health by charging appropriate user fees for services like water and waste management.

This, along with transparent governance, can lead to better public services and improved urban infrastructure.

These measures, combined with more transparent and accountable governance practices, can contribute to bolstering the financial health of MCs, setting off a virtuous cycle of better services for the public, stronger revenues and a continuous upgrade of the urban infrastructure, it said.