Niti Aayog proposes relaxation of building bye-laws
Real Estate

Niti Aayog proposes relaxation of building bye-laws

Niti Aayog has proposed relaxation of building bye-laws to spur the availability of land and direct benefit transfer schemes such as rental housing vouchers for economically weaker sections as it strives to tap the economic potential of all cities, big or small, via planned urbanisation.

Niti Aayog suggests developing a comprehensive economic vision for a long-term horizon (10–15 years), setting up a city economic council, and creating a promotion and marketing budget for cities.

As India transitions from being a rural to an urban society, the focus must be on harnessing the economic potential of all cities, large and small, including the Tier 2 and 3 cities. This needs that cities be managed appropriately, the Aayog said in its report, Cities as Engines of Growth, jointly designed with the Asian Development Bank (ADB).

India is already the second-largest urban community in the world, and the country is likely to add another 416 million people to its cities by 2050, which will take the urban share of the population to 50%. Around 460 million resided in Indian cities in 2018 against 109 million in 1970, as per the report.

Create differentiated incentive policies to draw investments in smaller and underdeveloped cities and a city-level single window facility for service sector industries based within natural city boundaries, the report said.

Further, it has proposed the adoption of an integrative regional approach to planning by determining the larger urban area with resilient infrastructure and by planning the city and commuting areas together.

Create a capital investment plan to determine projects and schemes that are economically self-sustaining, and preferably revenue-generating.

Further, it has offered the digitisation of land records systems and integration of institutions of registration, revenue, and survey operations at the state level to coordinate land records data.

Explore alternative models for land acquisition and assembly and relaxation of building bye-laws that may be constraining the land supply.

The report has also proposed enhancing the current economically weaker section or low-income group housing stock via incremental in-site up-gradation and investigating alternate models for providing rental housing near work centres.

Image Source

Also read: NITI Aayog's report lauds 3 state ULBs in solid waste management

Niti Aayog has proposed relaxation of building bye-laws to spur the availability of land and direct benefit transfer schemes such as rental housing vouchers for economically weaker sections as it strives to tap the economic potential of all cities, big or small, via planned urbanisation. Niti Aayog suggests developing a comprehensive economic vision for a long-term horizon (10–15 years), setting up a city economic council, and creating a promotion and marketing budget for cities. As India transitions from being a rural to an urban society, the focus must be on harnessing the economic potential of all cities, large and small, including the Tier 2 and 3 cities. This needs that cities be managed appropriately, the Aayog said in its report, Cities as Engines of Growth, jointly designed with the Asian Development Bank (ADB). India is already the second-largest urban community in the world, and the country is likely to add another 416 million people to its cities by 2050, which will take the urban share of the population to 50%. Around 460 million resided in Indian cities in 2018 against 109 million in 1970, as per the report. Create differentiated incentive policies to draw investments in smaller and underdeveloped cities and a city-level single window facility for service sector industries based within natural city boundaries, the report said. Further, it has proposed the adoption of an integrative regional approach to planning by determining the larger urban area with resilient infrastructure and by planning the city and commuting areas together. Create a capital investment plan to determine projects and schemes that are economically self-sustaining, and preferably revenue-generating. Further, it has offered the digitisation of land records systems and integration of institutions of registration, revenue, and survey operations at the state level to coordinate land records data. Explore alternative models for land acquisition and assembly and relaxation of building bye-laws that may be constraining the land supply. The report has also proposed enhancing the current economically weaker section or low-income group housing stock via incremental in-site up-gradation and investigating alternate models for providing rental housing near work centres. Image Source Also read: NITI Aayog's report lauds 3 state ULBs in solid waste management

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000