Nashik, Nov 13 (IANS) The Nashik Municipal Corporation in Maharashtra will issue bonds worth Rs 400 crore to arrange its 25 per cent share of funding for various projects related to the upcoming Simhastha Kumbh Mela 2027.

This includes Rs 200 crore in Clean Godavari Municipal Bonds and Rs 200 crore in Green Bonds for water supply schemes. The formal announcement was made by Nashik Municipal Commissioner Manisha Khatri on Wednesday, a day before the Deputy Chief Minister and urban development minister Eknath Shinde’s visit on Thursday to launch a slew of projects for the Simhastha Kumbh Mela 2027.

Khatri said, “The proceeds of the Rs 200 crore Clean Godavari Municipal Bonds will be used for sewage treatment plants to maintain the cleanliness of the Godavari River and Ramkund area, while t

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