Temple Bonds to Develop 9 Pilgrimage Sites in Ujjain

Following the successful implementation of the Green Bond funding model in Indore, Ujjain is now preparing to raise funds through 'Temple Bonds' to develop major pilgrimage sites.

The Ujjain Development Authority (UDA) has sent a proposal worth ₹1050 crore to the government for approval. The initiative aims to enhance infrastructure and facilities at 9 important religious sites in the city.

This project is expected to boost religious tourism and improve overall urban development in Ujjain, adopting a modern financing approach similar to Indore’s model.