Financing urban infrastructure in India: an overview of policy lessons (Record no. 114876)

000 -LEADER
fixed length control field 01876pab a2200169 454500
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fixed length control field 180718b2017 xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Purohi, Mahesh C.
245 ## - TITLE STATEMENT
Title Financing urban infrastructure in India: an overview of policy lessons
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2017
300 ## - PHYSICAL DESCRIPTION
Extent p.1-28.
362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION
Dates of publication and/or sequential designation Jan-Jun
520 ## - SUMMARY, ETC.
Summary, etc. Development of urban infrastructure is vital for the economic growth of a country where urbanisation is growing at a high rate and concentrated in large cities. Given the current rate of growth of infrastructure, the deficit in infrastructure is not only large but growing. The trends in expenditure on infrastructure indicate that the overall spending is much lower than the desired level. Also, investing in urban infrastructure has been a public sector activity. Consequently the time is ripe to take care of the backlog in urban infrastructure. It is estimated that the requisite investment for urban infrastructure for the 20-year period is Rs. 39.2 lakh crore at 2009-10 prices. India has 4,143 Urban Local Bodies (ULBs). Their state of finances is very poor and suffers from vertical as well as horizontal imbalances. To take care of this, various new initiatives have been taken in recent years. These include: Smart City Mission, Atal Mission for Rejuvenation and Urban Transformation (AMRUT), and National Heritage City Development and Augmentation Yojana (HRIDAY). However, it is suggested that we should further use the new instruments such as Infrastructure Debt Fund and Tax-Free Bonds. We should also encourage Public-Private Partnership (PPP). We should consider setting up a national local body financing authority (NLBFA) at the national level and a state local body financing authority (SLBFA) at the state level. - Reproduced.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Urbanization - India
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Urbanization
773 ## - HOST ITEM ENTRY
Main entry heading Nagarlok
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-- 114882
Holdings
Withdrawn status Lost status Damaged status Not for loan Permanent Location Current Location Date acquired Serial Enumeration / chronology Barcode Date last seen Price effective from Koha item type
        Indian Institute of Public Administration Indian Institute of Public Administration 2018-07-19 Volume no: 49, Issue no: 1-2 AR115342 2018-07-19 2018-07-19 Articles

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