Vithita

Vithita

  • Joined: August 27, 2022
  • Articles: 96

Budget 2023- 24: The Case to Build New Cities

By 2051, India may have an additional 335 million urban population. Several new cities will be needed to settle them.

ndia needs more than a pat on the back from fiscal-deficit-focused rating agencies and analysts, in order to regain economic vigour in a slowing world. A whole lot more. India needs a new New Deal, and, in the present national and global context, that would mean investing in a large project that creates demand for material and machines produced in India and for lots of labour, both skilled and unskilled, while adding to India’s future productive capacity. Building a new city is a good choice.

Exploring the Economic Potential of Indian Waterways

Eleven months ago, in a first for inland waterway cargo movement in India, the MV Lal Bahadur Shastri, a river cargo vessel, transported 200 metric tonnes of food grain over 2,350 km from Patna to Guwahati via Bangladesh. Now, the MV Ganga Vilas, a luxury liner, has begun to operate the world's longest river cruise, across 3,200 km, from Varanasi to Dibrugarh via Bangladesh.

Cities and ‘Triple Engine’ Sarkaar

For cities to develop it is essential that decision-making power is given to the local administration — holistic and sustainable city-specific development cannot happen in a top-down approach where the Centre or state decides.

A prerequisite for development is uniformity in the governance structures from top to bottom. This is what Prime Minister Narendra Modi said while inaugurating a metro project in Mumbai on January 19. He called upon the people of Mumbai to vote for the Bharatiya Janata Party (BJP) in the municipal corporation elections, which are long overdue. He exhorted that the ‘triple engine’ governance model — the Centre, the state, and the Mumbai corporation — should be run directly or in partnership with the BJP for the development in the metro city.

Defence and Union Budget

Budget made for capital expenditure must increase if India is to keep pace with China's rising military might. India’s tumultuous and volatile strategic environment showed no signs of abating in intensity. New Delhi continues to face a two-front challenge from both of its primary foes, the People’s Republic of China (PRC) and Pakistan, notwithstanding the latter’s recent conciliatory overtures, which are only a smokescreen to tide over its dire economic vulnerabilities.

India’s Urbanisation Policies: Impact & Challenges

‘Another important aspect of urban infrastructure is linked to urban governance, which is in a shambles in most parts of the country.’

A report by the World Bank, released in November last year, on financing India’s urban infrastructure needs, focuses on private investments ameliorating urban problems. The push to attract private capital, since the 1990s, followed by the urban reforms under the United Progressive Alliance I regime, the Smart City mission, and now this report, continues to plague India’s policy paradigm in the urban sector.

How Technology Access and Climate Gap Impact CO2 Removal?

The global cleavage on climate change is essentially between those that have grown rich enough to be climate-resilient and those that are not. The way to bridge this gap is not to set up any Loss and Damage Fund, but to spend any money that the rich countries have to spare on sucking carbon dioxide (CO2) out of the atmosphere.

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