Professional Documents
Culture Documents
Urbanization
Urbanization
Budget announcement
Cities will be incentivised to improve their credit worthiness for municipal bonds. This will be done through
property tax governance reforms and ring fencing user charges on urban infrastructure
AMRUT – Atal Mission for Rejuvenation and Urban Transformation – 500 AMRUT cities
Like Rural Infrastructure Development Fund, an Urban Infrastructure Development Fund will be established
Use of priority sector lending shortfall to create urban infra in tier 2 and tier 3 cities
UIDF will be managed by National Housing Bank
Focus on ongoing projects for effective utilisation of funds
Encourage projects with lower carbon footprint
Tier 2 cities – 50k to 1 lakh; Tier 3 cities – 20k to 30k
PMAY:
PMAY for affordable housing to all citizens – to assist middle income community, economically disadvantaged
groups
70% of the four crore houses built for poor had been given to women
Credit Linked Subsidy Scheme is aimed to provide beneficiaries with an interest subsidy to take loans to purchase
or build a house
Affordable Rental Housing Complexes (ARHC) – announced during COVID 19 pandemic to help migrant workers and
urban poor employed in informal sector – in PPP model
Urban Health and Wellness Centres are vital with increasing urban population
Best Practice
Urban growth and expansion of green cover at same time – Hyderabad – Arbor Day Foundation’s Tree City of the
World
World Green City by International Association of Horticulture Producers (IAHP)
Telangana Ku Haritha Haram (the green garland of Telangana) – key afforestation initiative of Telangana
Green infra
Municipalities can earn money from trading of carbon credits in international market by identifying projects fo
biomining in landfills, non motorised transport, sewage treatment, urban forest, solid waste management,
bioremediation and rooftop solar panels
Municipalities can raise money from capital markets through bonds to fund new projects and improve civic infra
Street vendors
Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 – rights and obligations of
street vendors
PM SVANidhi scheme
CITIIS programme