Analyzing India’s Urban Interim Budget 2024: Priorities and Projections
The increase in funds allocated for improving the quality of life in urban areas by 12 percent, as pledged in the Interim Budget, is positively received.
The increase in funds allocated for improving the quality of life in urban areas by 12 percent, as pledged in the Interim Budget, is positively received.
Even as one circus of the absurd has ended in Pakistan, another has begun. The farcical nature of the electoral exercise in the country has produced an even more farcical outcome. Even as Imran Khan's Pakistan Tehreek-e-Insaf (PTI)-backed independent candidates continue to maintain their lead on the victory board, Nawaz Sharif has gone ahead and given a victory speech.
In 2015, the Government of India launched its Smart Cities Mission, envisioned as the lighthouse of city development. With a total of 100 cities included in its proposal, this flagship programme received budgetary support and continued to dominate urban planning discussions.
With rapid urbanization, the problem of housing shortages in Indian cities ~ especially for low income households ~ is expected to exacerbate. Based on 2011 census data, the Technical Group on Urban Housing Shortage, Ministry of Housing and Urban Affairs (MoHUA), estimated the urban housing shortage during 2012- 2017 at 18.78 million. The Indian Council for Research on International Economic Relations (ICRIER) Report of 2020 indicated an increase in urban housing shortages of 54 per cent amounting to 29 million in 2018.
In recent decades, six countries of the Gulf Cooperation Council (GCC) Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and UAE have emerged as pivotal in West Asia due to their huge sovereign wealth and Petro dollars, reformist policies and fast-moving diversification of their economies and interests beyond the hydrocarbons and regional heft as they continue to play a much bigger role in the global scheme of things.
There is an urgent need to devise the requisite policy strategies and measures to mobilise finance for climate change adaptation in Indian agriculture from private sources along with public sector sources.
The possible path to peace and justice in Palestine