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Shivraj Singh Chouhan to list Indore Municipal Corporation’s Bond in Mumbai Stock Exchange

04 Jul 2018

Chief Minister Shivraj Singh Chouhan will list bonds of Indore Municipal Corporation in Mumbai Stock Exchange by sounding bell at 9.00 a.m. on July 5. The Indore Municipal Corporation has issued bonds of Rs. 170 crore on June 28 recently to ensure economic participation of citizens in urban development activities. It has thereafter become the first of the state and third in the country’s Municipal Corporation to issue such bonds.

Bonds have been issued by the Municipal Corporation to develop water distribution, sewerage, and urban transportation facilities in Indore city. The Union Government’s share of Rs. 324.05 crore, the state government’s share of Rs. 486.18 crore and Rs. 162.08 crore as Municipal Corporation’s share has been decided under this.

 

Chief Minister Shivraj Singh Chouhan meets senior industrialists to invite investment

The Chief Minister attended a programme organized by CII during his visit to Mumbai on July 4. He met and held discussions with the Consul Generals of various countries and Senior Industrialists in connection to the investment in the state. The Chief Minister also met the Consul Generals of Australia, Canada, Indonesia, Japan, Singapore, Korea and Russia and informed them about the development journey of Madhya Pradesh.

CM Chouhan informed that Madhya Pradesh has become the ideal state for investment in all the sectors. He invited investors to participate in the Global Investors Summit to be held at Indore, the Industrial City of Madhya Pradesh on February 23-24.

The Consul General of Singapore Shri Ajit Singh, while congratulating CM Chouhan towards efforts being made for investment in the state, said that facilities being provided in the state attract us. He assured that investors from Singapore will be encouraged for investment in Madhya Pradesh for development in the special sector. The Consul General of Australia, Shri Tony Uber appreciated the efforts of the Chief Minister. The British Deputy High Commissioner Shri Ben Green also expressed an interest in investing in the education and banking sector in Madhya Pradesh. Interest in the field of water conservation was shown by the Consul General of Canada and said that he will visit Madhya Pradesh soon. The Chief Minister happily accepted an invitation from the Consul General of Indonesia for the participation of Indian representatives in Trade Expo to be organized at his country from October 24 to 28. He also expressed gratitude towards all the Consul Generals for attending the programme of CII.