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An Outlining of Urban Transformation Strategies
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Context
The maiden Budget of the new government has underscored the critical importance of urban development amidst India's ongoing urbanization trend. Recognizing cities as pivotal growth hubs, the Budget aims to address various infrastructure and housing challenges faced by urban areas.
Housing and Infrastructure Boost:
- Pradhan MantriAwasYojana (Urban): The Budget proposes to construct one crore housing units in urban areas with an investment of ?10 lakh crore, supported by central assistance of ?2.2 lakh crore. This includes provisions for interest subsidies to facilitate affordable housing loans.
- Rental Housing for Industrial Workers: A new initiative under PPP mode aims to provide rental housing with dormitory-style accommodation for industrial workers, supported by Viability Gap Funding (VGF) from the central government.
- Core Infrastructure Development: Funds allocated through schemes like AMRUT and the provision of VGF for PPP projects will enhance water supply, sanitation, roads, and sewerage systems in cities.
Integrated Urban Planning:
- National Urban Digital Mission (NUDM): Introduced with a budget of ?1,150 crore, NUDM focuses on digitizing property and tax records using GIS mapping, aimed at improving urban management and financial planning by local bodies.
- Transit-Oriented Development (TOD): Emphasizes the development of mass rapid transit systems to encourage denser development around transit hubs, reducing traffic congestion and promoting economic growth.
- Electric Bus Systems: The Budget allocates ?1,300 crore to promote electric bus systems in cities, aiming for eco-friendly and cost-effective urban transportation solutions.
Waste Management and Street Vendors:
- Solid Waste Management (SWM): Special emphasis on bankable SWM projects in collaboration with states and financial institutions, utilizing VGF support to replicate successful models like Indore's.
- Street Vending Hubs: Proposals to develop 100 weekly street food hubs ('haats') across cities under the Street Vendors Act, enhancing vending zones and consumer safety.
- Citizen Participation: Acknowledges citizen engagement as pivotal to successful urban development, stressing the role of municipalities and state governments in leveraging both Union and local resources.
Mains Question:
Q. Discuss the key initiatives proposed in the Union Budget 2024 for sustainable urban development in India. How can effective implementation of these initiatives address the challenges posed by rapid urbanization?
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