Contact Your Financial Adviser Money Making MC
3
October 2016
Stressing
the need to go for a big push to fully realise the benefits of urbanisation,
the government on Monday unveiled its urban development strategy for the next
20 years.
Union
Minister for Housing & Urban Poverty Alleviation M. Venkaiah Naidu released
the "India Habitat III - National Report", ahead of the UN Habitat
III Conference in Quito, Ecuador, slated for later this month. A global
"New Urban Agenda" for the next 20 years is likely to be adopted at
the conference. The Total Investment & Insurance
Solutions
Speaking
at the launch ceremony in Vigyan Bhavan here, Naidu on Monday said: "The
agenda for the next two decades proposed in the national report will be
ensuring economic growth and productivity, improving quality of life, and
importantly, addressing issues of inclusivity, sustainability and climate
change." The Total Investment
& Insurance Solutions
The
challenge is about ensuring sustainable development while taking advantage of
economic growth that results from rapid urbanisation in the country, he
said.
"For
long, urbanisation has been looked at from the limited perspective of providing
basic services. But our contemporary response shall be wide ranging, aiming at
serving larger macro-economic transformational goals together with meeting
local priorities. We need to go for a big push to harness fully the potential
of urbanisation," said Naidu.
Elaborating
on the strategy for transforming urban India, the minister said it would be
achieved through elimination of barriers to the flow of factors of production,
like capital, land and labour, and development of rural and urban areas, in a
synergetic manner.
The
minister said that the outcomes of new urban agenda based on sustainable urban
planning would include reducing water and electricity use by 50 per cent from
that of normal use, enabling over 60 per cent of urban travel by public
transport, generating half of power from renewable sources, and compact and
cluster urban development, among others.
"It's
an eloquent testimony of India's commitment to sustainable development,"
said Naidu on India ratifying the Paris Agreement on Climate Change on
Sunday.
Naidu
also announced that under the Pradhan Mantri Awas Yojana (Urban), construction
of 10,10,424 houses for urban poor has been approved.
"An
investment of Rs.59,771 crore has been approved with the central assistance of
Rs.14,955 crore," he added.The Total
Investment & Insurance Solutions
No comments:
Post a Comment