India needs to increase urban infrastructure investments to $55 billion a year: World Bank
- November 15, 2022
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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India needs to increase urban infrastructure investments to $55 billion a year: World Bank
Subject :Geography
Context-
- The World Bank report, titled ‘Financing India’s Infrastructure Needs: Constraints to Commercial Financing and Prospects for Policy Action’, estimated that India would need $840 billion over the next 15 years.
India’s Urbanization requirements-
- India needs to increase its annual investment in city infrastructure from an average of $10.6 billion a year in the past decade to an average of $55 billion a year for the next 15 years.
- By 2036, 600 million people will be living in urban cities in India, representing 40% of the population.
- Currently, the central and state governments finance over 75% of city infrastructure, while urban local bodies (ULB) finance 15% through their own surplus revenues.
- Currently, only 5 per cent of the urban infrastructure investments were coming from the private sector.
- Government’s current (2018) annual urban infrastructure investments is $16 billion.
Urbanisation prospects-
- As per the World Urbanization Prospects, 2018 report produced by the UN Department of Economic and Social Affairs (UN DESA) together, India, China and Nigeria will account for 35% of the projected growth of the world’s urban population between 2018 and 2050.
- By 2050, it is projected that India will have added 416 million urban dwellers.
- Currently, India’s population stood at 1210 million in 2011, with an urbanisation level of 31.1% (Census of India 2011).
State-wise Scenario:
- Over 75% of the urban population of the country is in 10 States: Maharashtra, Uttar Pradesh, Tamil Nadu, West Bengal, Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Rajasthan, and Kerala.
- Maharashtra leads with 50.8 million persons (13.5% of the total urban population of the country).
- Uttar Pradesh accounts for about 44.4 million, followed by Tamil Nadu at 34.9 million.
- Goa is the most urbanised State with 62.2% urban population.
- Tamil Nadu, Kerala, Maharashtra, and Gujarat have attained over 40% urbanisation.
- Among the North-Eastern States, Mizoram is the most urbanised with 51.5% urban population.
- Low-Scoring States: Bihar (11.6%), Assam (14.1%), Odisha (16.68%) and Uttar Pradesh (22.3%) continue to be at a lower level of urbanisation than the national average.
- Among Union Territories the NCT of Delhi and the UT of Chandigarh are most urbanized with 97.5% and 97.25% urban population respectively, followed by Daman and Diu and Lakshadweep.
India’s Global Commitments regarding Urban Development:
- The SDGs Goal 11 promotes urban planning as one of the recommended methods for achieving sustainable development.
- The UN-Habitat’s New Urban Agenda was adopted at Habitat III in 2016.
- It puts forth principles for the planning, construction, development, management, and improvement of urban areas.
- The UN-Habitat (2020) suggests that the spatial conditions of a city can enhance its power to generate social, economic and environmental value and well-being.
- Paris Agreement: India’s National Determined Contributions (NDCs) includes the goals to reduce the emission intensity of the country’s GDP by 33 to 35% by 2030 from 2005 level.
UN-Habitat
- The United Nations Human Settlements Programme is the United Nations programme for human settlements and sustainable urban development.
- Established in 1978 as an outcome of the First UN Conference on Human Settlements and Sustainable Urban Development (Habitat I) held in Vancouver, Canada, in 1976.
- Headquarters at the United Nations Office at Nairobi, Kenya.
- It is mandated by the United Nations General Assembly to promote socially and environmentally sustainable towns and cities with the goal of providing adequate shelter for all.
- It is a member of the United Nations Development Group.
- The mandate of UN-Habitat derives from the Habitat Agenda, adopted by the United Nations Conference on Human Settlements (Habitat II) in Istanbul, Turkey, in 1996.
- The twin goals of the Habitat Agenda are:
- Adequate shelter for all.
- The development of sustainable human settlements in an urbanizing world.
India’s Initiatives for Urbanisation:
- Schemes/Programmes Related to Urban Development:
- Smart Cities
- AMRUT (Atal Mission for Rejuvenation and Urban Transformation) Mission
- Swachh Bharat Mission-Urban
- HRIDAY (Heritage City Development and Augmentation Yojana)
- Pradhan Mantri Awas Yojana-Urban
- Government Initiatives for Slum Dwellers/Urban Poor:
- Pradhan Mantri Garib Kalyan Yojana
- Atmanirbhar Bharat Abhiyan (self-reliant India)
- Affordable Rental Housing complexes (ARHC)