Lucknow now becomes the ninth city in India to have raised municipal bonds and the first city to issue such a bond after the launch of AMRUT scheme
@the_news_21
Mumbai: Uttar Pradesh Chief Minister, Yogi Adityanath on Wednesday listed an Rs 200 crore Lucknow Municipal Corporation (LMC) bond at the Bombay Stock Exchange (BSE). Expectedly his visit to woo industries back to UP has raised the hackles of his Maharashtra counterpart, Chief Minister Uddhav Thackeray who has thundered that he would not let anybody ‘forcibly’ take business away from the state.
The UP CM who is on a visit to Mumbai is also scheduled to meet prominent people from the film industry and industrialists to seek investment in his state. Adityanath is also expected to speak to the press later in the evening.
Lucknow has now become the ninth city in India to have raised municipal bonds and the first city to issue such a bond after the launch of Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme.
Adityanath arrived in Mumbai Tuesday evening and met Bollywood actor Akshay Kumar at a hotel in South Mumbai over dinner. Today, he is expected to meet filmmakers and studio heads at the hotel and discuss the UP government’s plan of setting up a film city in Noida.
Meanwhile, ahead of Adityanath’s visit to Mumbai, Maharashtra Chief Minister Uddhav Thackeray on Tuesday said he will not let anybody “forcibly” take businesses away from the state.
“We are not jealous if someone progresses, we do not have any problem with someone’s progress if one competes. But if you are going to forcibly take anything away, then, of course, I won’t let it happen and you (industrialists) will not be willing to go,” Thackeray said at an event organised by Indian Merchants Chamber of Commerce (IMC) in Mumbai.
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