Nagpur Municipal Corporation (NMC) is preparing to raise ₹200 crore through municipal bonds to fund the Nag River pollution project — a bold financial move that comes even as the river remains a toxic drain and past promises lie in ruins.
Marketed as a “cost-effective” funding strategy, the bond issue is meant to fast-track the long-pending river rejuvenation plan. But on the ground, the reality stinks — literally. The Nag River continues to carry untreated sewage, with stalled projects, land hurdles and endless delays exposing the civic body’s inability to execute even basic cleanup work.
Instead of fixing systemic failures, NMC is now piling on debt, expecting citizens to trust a system that has consistently underdelivered. Critics are calling it a risky gamble — borrowing crores without accountability, timelines or visible progress.
For years, the river has been reduced to a black, foul-smelling channel cutting through the city, symbolising governance failure. Yet, officials continue to sell revival dreams backed by fresh funds.
With ₹200 crore on the line and public patience wearing thin, the question is brutal and unavoidable: is this finally the cleanup Nagpur needs — or just another expensive illusion built on loans, delays and broken promises?
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