Managing Urbanization

Most of our metros and cities are under severe stress with inadequate social and physical infrastructure coupled with worsening pollution. Migration pressures are likely to increase. How do we make our cities more liveable? What can we do today to ensure that smaller cities and towns are not similarly overwhelmed tomorrow?

read more
Sign In
How can we prevent the emergence of new slums in our cities in the future?

What innovations are required in reducing the overall financial requirement for providing urban infrastructure?

Postby chanana.ak@nic.in » Tue Feb 15, 2011 10:00 am

What innovations are required in reducing the overall financial requirement for providing urban infrastructure?
chanana.ak@nic.in
 
Posts: 145
Joined: Mon Nov 29, 2010 11:37 am
Has Liked: 0 time
Have Like: 23 times

Re: What innovations are required in reducing the overall financial requirement for providing urban infrastructure?

Postby timenagain@gmail.com » Tue Nov 29, 2011 6:58 am

Most of the metro's & tier II cities in our country have investments from the NRI & PIO community, who have invested in the urbanisation by investing in residential properties. As their money multiplies 40 times when they transfer it back to India, they are able to stash it in assets in the form of property which gives them high rate of interest. This has created a situation of hoarding & escalating the land cost for the people who live & earn within India. Today a person in real need of a roof can't afford a house in his meagre income & the divide is growing.

Although our country needs the valuable foreign exchange, i still feel that reinvestment without them paying a tax should not be allowed. They should only be permitted to FD the transffered sum or earn the regular interest rates. In case any NRI or PIO or the person (parents / close relative) benefitting from such monies invests in land / residential assets, they should be charged a tax which will bring them at a even plain with the citizens of this country who earn and spend in INR currency.

This effort might reduce the pressure for acquiring rural agricultural land of the farmers & might cool down the property prices in the cities & suburbs which are at a boil now. Although India is a continent in itself, yet land is still a scarce commodity in comparison to its population & at the current trend, the future is frightful.
timenagain@gmail.com
 
Posts: 1
Joined: Tue Nov 29, 2011 6:40 am
Has Liked: 0 time
Have Like: 0 time

Re: What innovations are required in reducing the overall financial requirement for providing urban infrastructure?

Postby nebunathan@gmail.com » Thu Jan 12, 2012 9:11 pm

Money pumped to projects like building a road,rail,metro,bridge,public bus,public schools, solar,wind,wave and hydro energy(infrastructure and technology), electric cars( infrastructure and technology) should be made tax free.
nebunathan@gmail.com
 
Posts: 1
Joined: Thu Jan 12, 2012 7:55 pm
Has Liked: 0 time
Have Like: 0 time

Re: What innovations are required in reducing the overall financial requirement for providing urban infrastructure?

Postby vinit.punekar@gmail.com » Wed Feb 01, 2012 4:53 pm

New urban centers should be explored. Developing the existing urban locations would not be viable in terms of cost (e.g Mumbai), but instead making existing towns only commercial centers and making speedy transportation available in the perimeter of 100-200KM would definitely lower the cost. Good network of high speed railways (150-200Km per hr), good network of expressways (100-120 km per hr design speed), would make it quite comfortable for people to travel 100-120 km per day (average commute time 2 hrs to n fro). This would make the costs lower for residents,companies,governments and all concerned parties.
vinit.punekar@gmail.com
 
Posts: 1
Joined: Wed Feb 01, 2012 4:23 pm
Has Liked: 1 time
Have Like: 0 time


cron