India Business Journal - Yogi lists LMC bond at Bombay Stock Exchange

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Yogi lists LMC bond at Bombay Stock Exchange

IBJ Bureau
Dec 02, 2020

Uttar Pradesh chief minister Yogi Adityanath listed Rs 200 crore Lucknow Municipal Corporation (LMC) bond at the Bombay Stock Exchange during his recent visit to Mumbai. Lucknow now becomes the ninth city in India to have raised municipal bonds and the first city from the northern States to issue such a bond. Mr Yogi, who is setting up an ambitious film city on the outskirts of Noida, met different stakeholders from the film fraternity. The chief minister also met industrialists who have invested in the State and also those who are planning to invest, especially in the defence corridor. Mr Yogi also appraised the media about various development projects undertaken by his government. Uttar Pradesh, which is ranked 2^nd in the latest ease of doing business rankings.