15 corporations to undergo credit rating
The Hindu
Centre will pay the funds for the exercise, which is mandatory for AMRUT cities
As part of the reforms envisaged under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT), 15 municipal corporations across Tamil Nadu will undergo credit rating. The Tamil Nadu Urban Finance and Infrastructure Development Corporation (TUFIDCO) is choosing a consultant for the exercise.
The corporations are Avadi, Chennai, Coimbatore, Dindigul, Erode, Hosur, Madurai, Nagercoil, Salem, Thanjavur, Thoothukudi, Tiruchi, Tirunelveli, Tiruppur and Vellore.
A senior official told The Hindu that the funds for the process would come from the Centre.
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