Urban housing deficit more than 18 million: Naidu

Image
Press Trust of India New Delhi
Last Updated : Nov 05 2014 | 10:20 PM IST
India has been assessed to have a deficit of about 18.78 million housing units in urban areas, and more than 95 per cent of the same pertain to economically weaker sections and low income groups of the society, Urban Development Minister Vennkaiah Naidu today said.
In this scenario, the government is evolving comprehensive strategies towards achieving the objective of "Housing for All" by 2022, through active and beneficial involvement of a variety of stake holders including public-private participation and improving governance of housing delivery, the minister said.
Naidu was addressing the Plenary Session of Asia Pacific Ministerial Conference of Housing and Urban Development (APMCHUD) in Seoul.
Commending the Seoul Declaration, Naidu appealed to all Member Nations to adopt 5E policy - Education, Employment, Entertainment, Economic Upliftment and Equal Opportunities - to make the lives of people comfortable.
Quoting him, an official statement released here said he added that India has one of the largest urban systems in the world.
"Though accommodating slightly less than one third of the total population, the urban centres in India contribute a substantial part of the Gross Domestic Product already with 63 per cent in 2007 and the same is expected to increase to 75 per cent in 2021.
"By 2050, half of the Indian population will be living in urban areas and the Government of India is fully seized of the imperative of urban up-liftment through improving quality of public transport, providing drainage, sanitation, waste management, water recycling and wi-fi facilities for public and commercial areas," he said.
Naidu stressed that there is a commitment to adopt modern scientific methods of town and country planning practices based on Geographical Information System (GIS) in urban development.
Extension of metro services to important and major urban centres, development of twin cities and creating infrastructure in satellite cities are other priority areas to promote sustainable and integrated development of urban settlement system, he said.
It is in this context, the government is according top most priority to set up 100 new smart and safe cities in the country, he said adding that this entire effort would be "people centric" and pro-active urban reforms, planning and management as well as citizens' participation would be the hall mark of this strategy.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 05 2014 | 10:20 PM IST

Next Story