<h1>Municipal bond incentives proposed: Rs100 crore for single issuances over Rs1,000 crore and review of forex rules.</h1> Proposed incentives introduce a grant of Rs 100 crore for a single bond issuance by municipal corporations for issuances over Rs 1,000 crore; structural reorganisation of REC Ltd and Power Finance Corporation to strengthen public sector finance; establishment of a high-level committee on banking policy; and a review of foreign exchange management non-debt instruments rules.