Today, 70 per cent of our GDP comes from urban areas while the investment for urban development is only 0.70 per cent. Now, according to the McKinsey Global Institute (MGI) report, Indias urban population is projected to increase from 34 crore in 2008 to 59 crore in 2030
Tag: urban development
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Metro Pricing | Un-fare deals
Thousands of home buyers on the Noida-Greater Noida stretch heaved a sigh of relief early this year when the 20.6-km Metro rail project between Greater Noida and Yamuna Expressway was cleared by the Ministry of Urban Development.
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Ahmedabad Metro project
Urban Development and Housing Minister M Venkaiah Naidu assured Gujarat Chief Minister Anandiben Patel to expedite the approval of the Ahmedabad Metro project, once the state completes the required formalities.
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Urban projects: Chequered growth
The Cabinet Committee on Investment (CCI), according to latest reports, has unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. But experts don't see this reviving the fortunes of the Indian economy owing to the long gestation period of these projects.
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Govt redrafts master plan for Jodhpur
Rajasthan government redrafted the Jodhpur master plan taking into account the fact that a stretch of the Delhi-Mumbai industrial Corridor (DMIC) would fall in the city. The state government has reportedly included several different provisions in the existing master plan taking into account the fact that the DMIC would pass through Jodhpur
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Bihar to execute key construction work in FY14
The building construction department (BCD) of the Bihar government, which has a plan size of over Rs 78 crore for 2013-14, is set to develop key construction works including Bihar Museum, International Convention Centre and MLA or MLC flats etc. The department will also implement the expansion of secretariat, police headquarters building and employment exchange among others
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Kerala govt mulls Rs 20 bn investment proposals
Kerala Urban affairs Minister Manjalamkuzhi Ali informed a gathering that the state government is planning to bring around Rs 2,000 crore investment opportunities through a new initiative in the state. He informed this after inaugurating a discussion on comprehensive development of Kozhikode. He also informed that the state government would showcase five urban development projects in the investors meet in Koch
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Leading privatisation
Rajesh Srivastava, currently the Managing Director, Meinhardt India, has over 18 years of professional experience in the directorship and management of leading organisations in India, ranging from multinational infrastructure com¡panies to small-scale industries.
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Effective wastewater management
Alom Poly Extrusions installed the 30.78 km underground drainage network at the Prayag Film City using Alcorr DWC piping system in 95 days.Prayag Film City is one of the corporate ventures of The Prayag Group. The City is located in the western periphery of Midnapur district, West Bengal, about 210 km from Kolkata.
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Former minister calls for pvt investments in infra sector
Former Minister of State for Urban Development Sougata Roy remarked that land acquisition is not the only problem in infrastructure projects. He said this while pointing out the need for private sector participation for financing the projects. Addressing a seminar on infrastructure development in the eastern and north-eastern states organised by the Beng