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JSW Group, Adani Group, Aditya Birla Group, and Asian Paints Ltd have been approached as potential buyers for the deal
With a few exceptions of large slums in megacities such as Mumbai, the poor continue to live on the city fringe-a colonial legacy that persists to this day
Karnataka requires greater devolution by the Centre as it faces regional imbalances, especially in the Kalyana Karnataka region, and the challenges of urbanisation, Chief Minister Siddaramaiah said on Thursday. In his address to Chairman of the 16th Finance Commission Arvind Panagariya and its members at a meeting here, he said Bengaluru needs an investment of Rs 55,586 crore over the next five years out of which the State requested for a grant of Rs 27,793 crore. Similarly, for the equitable development of the Kalyana Karnataka region, the State is investing Rs 25,000 crore and requested a matching grant of Rs 25,000 crores over five years from the 16th Finance Commission. To ensure effective disaster mitigation and timely relief and rehabilitation measures in the highly vulnerable region of Western Ghats, the State requested a grant of Rs 10,000 crore. According to him, the 15th Finance Commission's award reduced Karnataka's share sharply from 4.713 to 3.647. This has led to a lo
Going forward, the demand for housing is expected to be driven by affordability and increased access to credit, it said
Northwest and east India are in for another spell of extreme heat, with temperatures predicted to rise by two to three degrees over the next five days, the India Meteorological Department said on Monday. India experienced multiple intense and prolonged heat waves in April and May which tested the limits of human endurance and the country's disaster preparedness, as many states, including Uttar Pradesh, Bihar and Odisha, reported heat wave-related deaths. "Heat wave to severe heat wave conditions (are) likely over northwest and east India during the next five days," the IMD said in a statement. The heat wave is likely to impact parts of Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Punjab, Haryana, Delhi, Rajasthan, Madhya Pradesh, Jharkhand, Odisha and Gangetic West Bengal, the Met office said. Experts say the extreme heat is a result of the naturally occurring El Nino phenomenon -- unusual warming of the ocean surface in the central and eastern tropical Pacific Ocean -- and th
Urbanization has led to nearly 60 per cent more night-time warming in over 140 prominent Indian cities compared to non-urban areas surrounding them, a new research from the Indian Institute of Technology Bhubaneswar has found. According to the research, Ahmedabad, Jaipur and Rajkot had the highest urban effect, while Delhi-NCR and Pune were found to be at the fourth and fifth position, respectively. Urbanisation is known to be responsible for the urban heat island (UHI) effect, in which the concrete and asphalt (used in constructing roads and pavements) surfaces store heat during the day and release it in the evening, thereby raising night-time temperatures. Over time, this heat further affects other aspects of climate, including rainfall and pollution, researchers said in the study published in the journal Nature Cities. The study sought to determine how much urbanisation and local climate change each contributed to raising night-time temperatures over the past two decades ...
Rapid urbanisation in the post-liberalisation era has altered the dynamics of middle-class urban voter demands
IndiaLand Group plans to invest about Rs 700 crore in the next few years in the real estate sector
Urban utility management in the city highlights the potential for high-quality services through the private sector, but the challenge lies in ensuring accountability to the public
India's urban policy continues to follow old-style bureaucratic control, leading to dysfunctional and ugly cities. An overhaul is urgently needed
The national capital's population is projected to rise up to 2.65 crore, comprising 47.34 per cent women, by 2036, as per a Delhi government report. According to the report titled Women & Men in Delhi-2023', by 2036 the population of Delhi has been projected to be 2,65,91,000 1,25,89,000 females and 1,40,02,000 males. Women will account for 47.34 per cent of the city population in 2036, as compared to 48.78 per cent at the national level, it stated. Delhi is one of the fastest growing cities in the country due to the rapid pace of urbanisation. As per the Census 2011, Delhi's population was 1,67,87,941, 78,00615 females and 89,87,326 males, it said. Women's population in Delhi is 46.47 per cent of the city's total as per the 2011 Census, which is lower than the corresponding national figure of 48.53 per cent. Delhi's sex ratio is projected to rise from 868 (in Census 2011) to 899 in 2036 but would still be lower than the national sex ratio which is projected to increase from 943
As rescue boats retreat from the flooded streets and crocodiles return to their habitat, a pressing question remains: What about our focus on urban planning?
There is a need to look to the future and focus on creating a holistic urban ecosystem for ensuring last-mile access to services, enhanced operational efficiencies, financial sustainability of projects, and integration of digital technology, said Housing and Urban Affairs Minister Hardeep Singh Puri on Wednesday. He highlighted that Indian cities need to increase their capabilities -- individually, organisationally, and institutionally. He was speaking at a national workshop organised by the Ministry of Finance and Ministry of Housing and Urban Affairs (MoHUA) in association with the International Finance Corporation (IFC). The workshop aimed at bringing out the key learnings towards attracting private capital for urban infrastructure in the context of the work done by the IWG during India's G20 Presidency. The New Delhi Leaders Declaration (NDLD) 2023, has endorsed the Principles for Financing Cities of Tomorrow: sustainable, resilient, and inclusive as one of the key outcomes of
Former NITI Aayog CEO Amitabh Kant said on Friday said planning and architecture are important fields in India and will contribute significantly to the country's urbanisation. Architects give life to the cities in the country, Kant said while addressing the 41st convocation ceremony of the School of Planning and Architecture here. "I have always believed that planning and architecture is the most important occupation in India and the most creative journey for any student...If the Indian cities have to be given a new life, only planners and architects can do that," he said. "Early in my career as the secretary of tourism in Kerala.... I felt I have probably gotten into the wrong profession, I should have been a planner or architect," Kant said. He said India is undergoing massive urbanisation and the process is slated to transform significantly in the next four to five decades. Kant said that planners and architects have a key role to play in building the new India of tomorrow. In
India is undertaking the largest planned urbanisation programme in the world, Union minister Hardeep Singh Puri said on Thursday. The total investments for urban development since 2014 have risen 10 folds to more than Rs 18 lakh crore in comparison to the previous 10-year period, the Union housing and urban affairs minister said at the launch of CITIIS 2.0 -- the City Investments To Innovate, Integrate and Sustain challenge. According to the ministry, the challenge is a significant step in the direction of achieving India's commitments to combating the challenges posed by climate change. The minister also highlighted the central government's increased focus on the growth and development of urban areas in the country. Speaking about the efforts towards achieving a circular economy in the country's urban areas, Puri said that under the Swachh Bharat Mission (SBM), the government has set up 112 biomethanation plants, 2,391 waste-to-compost plants, 55 waste-to-energy plants, 2,281 ...
Revitalising urban air is crucial to ensure a healthier future for city dwellers
The Asian Development Bank will provide additional financing to support the Rajasthan Secondary Towns Development Sector Project to improve water supply, sanitation systems, and urban resilience
The Odisha government on Monday approved a policy to remove the urban-rural divide and address unplanned urbanisation with a growing population in cities. Chief Minister Naveen Patnaik green-lighted the "Odisha Rural-Urban Transition Policy", which allows special budgets for the implementation of infrastructure projects and delivery of civic services in peri-urban areas. The policy provides for the constitution of steering and implementation committees with top officials of the state government, including the chief secretary, and experts in urban planning, finance, engineering, management, IT and others. This is a first-of-its-kind initiative that intends to introduce a series of progressive and pragmatic measures such as essential infrastructure, amenities and services to all citizens, residing in the fast-growing rural areas adjoining cities, an official of the housing and urban development department said. "The existing system of notification of declaring a rural area as an urba
The demand for steel in the country is expected to grow owing to infrastructure development, rapid urbanisation, and supportive policy reforms, Tata Steel Chairman N Chandrasekaran said on Wednesday. Speaking at the company's 116th annual general meeting, he said that domestic steel consumption rose 10 per cent year-on-year (y-o-y) to 117 M in FY23. The steel industry was also impacted by the volatility in the global environment, which affected the steel demand-supply balance and resulted in volatility in steel prices. However, India appears to be an exception in the global steel arena, primarily owing to robust government spending and vibrant consumption, he said. "India's steel consumption grew by over 10 per cent y-o-y to 117 MT (Million Tonnes) in FY23. "India will continue to remain a major consumer within the global steel industry owing to infrastructure development, rapid urbanisation, and supportive policy reforms. We expect the steel demand growth to keep pace with the GD
High growth of 8-9 per cent could be driven by focus on manufacturing and urbanisation, G20 Sherpa Amitabh Kant said on Wednesday. About 5,500 census towns need to have master planning, and sustainable urbanisation is the way forward, which is a huge opportunity to drive growth in India, he said speaking at an event for release of report titled 'The Rise of India's Middle Class'. The bulging middle class holds immense power to drive sustained economic, political and social growth in India, he said. As the number of middle class rises, he said, this will drive demand for quality healthcare, education, housing, consumer goods and many other things. The government increasingly will have to focus on education and health as well as creating job opportunities. The vision of India becoming a fully developed country by 2047 really implies that the middle class needs to be the key driver of India's growth story, he said. "Rise of the Indian middle class is also indicative of economic ...