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Will consider constitutional status for residents' bodies

Municipal bonds have already been tried out in some places. Urban rejuvenation can be done this way. I will certainly ask my ministry to study other demands

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Hardeep Singh Puri at the conference in Ghatkopar
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Hardeep Singh Puri, minister of state (independent charge) of housing and urban affairs, Government of India, on Sunday said his ministry will consider the demand to give 'Constitutional Status' to resident welfare associations in the city and look into their demands of giving them funds. Puri also said that it was a good idea to consider municipal bonds to raise funds for the rejuvenation of Mumbai's urban setup.

"Municipal bonds have already been tried out in some places. Urban rejuvenation can be done this way. I will certainly ask my ministry to study other demands," said Puri, who was in the city for the two-day 5th National Conference of Residents Welfare Associations, Mumbai held in Ghatkopar.

"We raised four demands — constitutional status to residents welfare associations, the minister becoming patron of residents welfare association, residents committees getting preface budget and municipal bonds," said Ramesh Prabhu, general secretary of the committee that organised the conference.

"Municipal bonds can be given by the corporation to raise some funds," said R Dhavalagi, national president, United Welfare Federation of chartered accountants who had attended the meet.

"As per 14th finance commission, the government sets aside a budget for municipalities. 80 per cent is given as the main component to municipalities and 20 per cent as performance bonus. We have demanded the 20 percent be given to us so that we can help in Swachh Bharat and other such missions," claimed Col TP Tyagi, convenor of the conference.

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