The Chandigarh Municipal Corporation (MC) aims to generate Rs 6-7 crore annually by renting 347 advertisement sites at public facilities. The bidding process starts on March 26, with a stringent schedule and guidelines ensuring transparency and fair opportunities for potential bidders.
- Bidding process spans from March 26 to May 6.
- All tender activities conducted online for efficiency.
- Locations are divided into specific categories for clarity.
The intent to streamline revenue through ad rights at public utilities highlights an innovative approach to fund city development. While the Chandigarh initiative is notable, similar models could attract attention in Lagos news or Abuja news for local implementation.
How can local civic bodies in Nigeria adopt such revenue-generating measures effectively? Read the full article here.
