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India Infrastructure Report 2023

Why is it in the news?

  • The India Infrastructure Report 2023, focused on Urban Planning and Development, was recently released,
  • The report is a collaborative effort of the IDFC Foundation, Infrastructure Development Corporation (Karnataka) Ltd. (iDeCK), and the National Institute of Urban Affairs (NIUA).

Key Highlights of the Report

  • Emphasizes the transformative potential of digital technology in shaping India’s urban landscape.
  • Focuses on ‘smart cities’ and the importance of performance ranking criteria.
  • Examines the financial aspects of urban development. Special emphasis on public-private partnerships (PPPs), financial sustainability of urban local bodies, and the efficacy of municipal bonds as financing instruments.
  • Addresses urban transportation planning and urban redevelopment as vital components of effective urban governance.
  • Highlights transit-oriented development, efficient urban goods movement, and regulations for floor space and land prices in India.
National Institute of Urban Affairs (NIUA)

路聽聽聽聽聽聽 Central Autonomous Body under the Ministry of Housing and Urban Affairs, established in 1976.

路聽聽聽聽聽聽 Functions as a national think-tank, conducting multi-disciplinary research, knowledge exchange, capacity development, policy planning, and advocacy in the field of urban development.

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