RAPID URBANIZATION

RAPID URBANIZATION
Indian cities are growing at an unprecedented rate the country’s urban population is expected to grow to 590 million people by 2030. This rapid urbanisation is also expected to drive economic growth: according to some estimates,
cities could generate up to 70 per cent of new jobs created until 2030 and produce 70 per cent of Indian GDP. To reap the economic advantages of urbanisation, the Indian government must develop better policies to meet urban infrastructure needs through sustainable means and address growing urban poverty and inequality.
LAND REFORMS
The Land Acquisition Act passed this year received mixed reviews. There are concerns that the new law will drive up costs across the economy and make several industrial and real estate projects unviable, without necessarily delivering justice to farmers and landowners whose lands are acquired. These and other challenges related income urban housing to land reform -particularly in the context of urbanisation and the growing need for low mean that India will have to continue drafting land related legislation to ensure sustainable and equitable growth.
CENTRE-STATE DYNAMICS
The evident role of states in influencing economic growth, governance and has increasing become more prominent
enhancing their own investments and developing models that are being replicated across the country. But the centre needs to do more to facilitate state-state interaction and the states should also be proactive in sharing of knowledge of best practices among growth between states. themselves. The central government should also seek to do more to balance the uneven growth between states