When Even a Rich City Is Starved of Funds
The Brihanmumbai Municipal Corporation Budget being presented. (Photographer: Ashwini Priolker/BloombergQuint)

When Even a Rich City Is Starved of Funds

(Bloomberg Opinion) -- Acute fiscal stress is building in India’s states and municipalities, including the urban authority that manages the richest city, Mumbai. This matters. Local bodies hold the...
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