Ahmedabad municipal corporation presented its budget recently with an allocation of Rs. 14,000 crore for 2025-26. Fun facts about Ahmedabad MC's budget

1. Ahmedabad municipal corporation presented its budget recently with an allocation of Rs. 14,000 crore for 2025-26. Fun facts about Ahmedabad MC's budget
2. The city takes its net zero carbon initiative seriously, provisions have been made to construct roads with recycled and renewable materials, and energy efficient construction machinery.
3. It has made a provision of Rs. 2300 cr for low cost housing units.
4. AMC also handles municipal transport through the Ahmedabad municipal transport services (AMTS). AMC's budget has provided for purchase of 120 electric buses to the AMTS fleet.
5. AMC manages municipal hospitals and urban health centres and the budget provides for their upgradation.
6. AMC which has issued 6 municipal bonds so far is the most frequent issuer in the market. It last issued a Rs. 200 cr green municipal bond in February 2024