Mukherjee said in the next 40 years, India is projected to witness the highest rise in urban population in the world and it is "worrisome" that our city structures are struggling to keep pace.
As visible sign of systemic inadequacies, slums and homelessness pose considerable challenges for policymakers, Mukherjee said.
He said there are an estimated 93 million slum dwellers in our country, with an urban housing shortage of nearly 18 million. But he added that the challenges confronting our cities are daunting, yet surmountable.
Mukherjee said that the traditional income and consumption parameters are inadequate to fully capture the nature of deprivation and called for a vulnerability-based approach spanning the three key areas - residential, occupational and social - to combat poverty.
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He appreciated the work done under Jawaharlal Nehru National Urban Renewal Mission (JNNURM), Swarna Jayanti Shahari Rozgar Yojana (SJSRY), the National Urban Livelihood Mission (NULM) and Rajiv Awas Yojana is geared to address residential, occupational and social vulnerabilities.
In her speech HUPA minister Girija Vyas highlighted the work done by her ministry.