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Urbanization, Habitat, Transportation and Regional Development

Union Budget 2023- 24: Boosting the Demand in Amrit Kaal

The IMPRI Center for the Study of Finance and Economics (CSFE),  IMPRI Impact and Policy Research Institute, New Delhi, hosted an interactive panel discussion on the topic “The Amrit Kaal and Union Budget 2023-24” on 2 February 2023, under the IMPRI 3rd Annual Series of Thematic Deliberations and Analysis of Union Budget 2023-24, as part of IMPRI #WebPolicyTalk. 

Union Budget 2023- 24: Prosperity Oriented Approach to Governance

Like previous Budgets, this too will be tailored to PM Modi’s longer term, prosperity-oriented approach to governance, rather than a short term, populist approach.

One of the standard features of office buildings and residential complexes of a certain, not so distant, vintage in India’s major cities is the absence of any designated space for parking cars. Urban planning hasn’t been one of the country’s great strengths. In fact, most cities have grown unplanned. However, the lack of parking spaces for cars (there may be some for two-wheelers) was quite deliberate. Urban planners simply did not believe that India would become prosperous enough for masses to own cars in any reasonable time frame (infrastructure is built for at least 30 to 50 years). And to be fair it wasn’t just urban planners, but most of the nation.

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.

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.

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.