NaBFID announces a workshop on 'The Future of Urban India' - Strengthening ULBs for Sustainable Growth & Development

The workshop brings together Senior Government officials, City Municipal Commissioners, policymakers, leading representatives from regulatory bodies, and top executives from national financial institutions and Multilateral Development Banks (MDBs) to drive discussions on how urban local administration will shape the future of India's cities The workshop will be inaugurated by Mr. Srinivas Katikithala, IAS, Secretary, MoHUA, Mr. M. Nagaraju, IAS, Secretary, DFS and Mr. Rajkiran Rai. G, MD, NaBFID NEW DELHI, Feb. 5, 2025 /PRNewswire/ -- The National Bank for Financing Infrastructure and Development (NaBFID), India's premier development financial institution established by the Government of India in 2021 to accelerate investment in the country's infrastructure sector, is organizing a high-impact event that will bring together key policymakers, municipal leaders, and financial institutions to shape the next phase of India's urban transformation. This event is scheduled to happen on February 06, 2025, Thursday in New Delhi.

NaBFID has collaborated with the World Bank and the Asian Development Bank (ADB) for this initiative. As a marquee platform, this workshop will define strategies to strengthen India's urban landscape.

With India poised to take the lead in sustainable growth, the contribution of Urban Local Bodies (ULBs) is more important than ever. The event will host panel discussions on key themes, including the Role of ULBs in Viksit Bharat 2047, Improving the Finances/ Resource Composition of ULBs, ULBs Role towards Net Zero, 2070 (Focus on Waste Management).

Speaking on the occasion, Mr Rajkiran Rai G, Managing Director, NaBFID, said, "India's towns and cities will be the cornerstone of the country's journey towards becoming a $5 trillion economy. Robust urban infrastructure is a vital ingredient for this success. The administrative bodies governing India's towns and cities will play a crucial role in the next phase of the country's economic transformation. The Union Budget 2025-26 also provides a boost to urban development with underlying themes of Cities as Growth Hubs and Creative Redevelopment of Cities. Our workshop The Future of Urban India aims to foster collaboration and innovation to drive the development of India's urban landscape. Bringing together the best minds, this workshop will help shape a vision for sustainable growth, an improved quality of life, and enhanced global competitiveness." Through this workshop, NaBFID will drive actionable solutions by leveraging expert insights, policy discussions, and cross-sector collaboration, empowering ULBs to lead sustainable urban development and enhance economic resilience.

About NaBFID (National Bank for Financing Infrastructure and Development) https://nabfid.org/ National Bank for Financing Infrastructure Development (NaBFID) is a Development Financial Institution (DFI) established in April 2021. NaBFID is dedicated to accelerating the development of India's infrastructure ecosystem by addressing the long-term financing needs of the sector. NaBFID plays a pivotal role in driving the nation's economic growth and fostering sustainable development.

NaBFID is committed towards its vision of becoming a strong provider of impact investment, catalysing infrastructure funding for transformative growth of India.

NaBFID aims to be a key partner in helping India achieve its ambitious infrastructure development objectives - responsibly and sustainably. Additionally, NaBFID will work towards developing a deep and liquid market for bonds, loans, and derivatives for infrastructure financing.

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Source: PTI