Chennai, May 26 -- In a first aimed at redefining responsible financial
governance, the Tamil Nadu government on Monday listed the Greater
Chennai Corporation (GCC) Municipal bonds in the National Stock
Exchange (NSE) with the ringing of the customary bell by Chief Minister
MK Stalin.
At an event held in the city, Mr Stalin rang the traditional bell to mark the listing
of the bonds in NSE to the tune of Rs 200 crores for trading.
The listing of bonds was a strategic step to fund storm water drain infra project,
strengthen urban finance and reduce the fiscal burden, an official release said.
Later in a post on X, he wrote "Tamil Nadu under the Dravidian Model continues
to redefine responsible financial governance."
"The listing of ...