Business Standard
Wednesday, Feb 08, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
  Home  ||||||||| 
 BS Headlines | News Now | BS Weekend | The strategist | smartinvestor.in | E-Paper | SME | B-School | Run-up to Budget | Energy | Have Your Say | Cloud Computing
Home > Live Markets | Commodities
 

Ancient mega-cities emerging as mega-regions: M Ramachandran
Announcement / Econnomy Mar 08, 2010, 20:07 IST

Ministry of Urban Development undertaking efforts to create capacities at city end

Spanning administrative boundaries, the ancient mega-cities today are emerging into mega-regions like NCR and MMRDA. This calls for anticipated planning for transportation, infrastructure, environment, equitable access to resources and facilitate energy savings, said Mr. M Ramachandran, Secretary – Urban Development, Ministry of Urban Development, Government of India. He was speaking at the International Conference on Competitive Cities, “City Development: Emerging Business Models” organised today by the Confederation of Indian Industry (CII).

He lauded 13th Finance Commission report tabled in the Parliament which hand over Rs. 87,519 Crore recommended as grant to local bodies – urban and rural. The grant is segmented into two parts viz, general grant (28-29% of the total figure) and performance based grant. The ministry is also extending substantial support for urban transportation, sanitation and the likes. He said that these measures are undertaken to create capacities at city end. He urged for investments in city development with decentralised focus and incrementing PPP arrangements. He was of the view that rapid urbanisation is worsening condition, by making cities larger emitters of Green House Gasses (GHG).

Mr. Rajeev Talwar, Group Executive Director, DLF Ltd spoke about the governance issues for Tier II and Tier II cities to become Tier I. Benchmarking at global level is imperative for India to be competent in the times to come. This includes the entire issue of resources availability, sanitation, transportation, infrastructure etc.

Mr. Pradeep Singh, Chairman, Infrastructure Sub-Committee, CII Northern Region & Managing Director, IDFC Projects Ltd said that India is urbanising faster than the whole world, which will add to management of a city comparable to a large country like London. This calls for a paradigm shift in city development, adoption of business models for competitive cities of the future. The futuristic green field cities should be able to provide economic development along with ensuring environmental protection. He added that one should know the should & should nots and have & have nots of city development.

Ms. Susan Zielinski, Managing Director – SMART, University of Michigan, USA urged that India can utilise its vast IT talent pool, in building efficient infrastructure support system. Emerging approaches towards city development should envisage combination approaches of a dynamic, flexible, secure and scalable integrated transportation.

Dr. Amit Kapoor, Honorary Chairman of Institute of Competitiveness, India & Professor of Strategy & Industrial economics, management Development Institute, Gurgaon outlined that the cities today suffer from massive infrastructural issues.  He opined that projection for urban development should be made on the basis of concepts developed from quantitative data, rather than those of qualitative figures. Each city needs to have a unique preposition for the coming 20 years, and planning must be undertaken accordingly.

Viewing cities as a key tool to make development inclusive, Mr. Anshuman Magazine, Conference Co-Chair & Past Chairman CII Delhi State council and Chairman & Managing Director CB Richard Ellis said that the shift from rural to urban is inevitable. Therefore a whole lot of challenges like resources and infrastructural crunch, global benchmarking in modular governance, environmental stability, in this regard should be looked at with a futuristic perspective. He complimented Finance Minister in the Union Budget speech 2010 acknowledging weakness in governance system and calling for reforms.

Mr. Sanjay Verma, Conference Co-Chair & Member, Infrastructure Sub-Committee, CII Northern region and CEO Asia Pacific, Cushman & Wakefield said that new ideas should be explored towards development of cities. The development model for cities should come up with innovative focus on funding support.

The conference focuses on the topics of new city development, bridging the urban divide, governance and participation issues, sustainability and urban mobility. The key speakers at the conference were Mr. Rajiv Yadav, Member (Admin) NHAI; Mr. Sanjeev Sahai, CEO, Delhi Integrated Metro Transportation.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets open in green
- Bharti Airtel Q3 net at Rs 1,011 cr
- Ex-Goldman director Rajat Gupta may face more charges
- Rajaratnam trial 'personally challenging': Judge
- Asian shares becalmed as Greek talks drag
  Read Business news in 
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Kolaveri Di singer at IIM-A
- Hiranandani, Hyundai in talks for LNG terminal
- ITIs escape job gloom
- Rajeev Malik: The global risk on-off fireball
- Should diesel cars be taxed?
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
Ambassador car |  Uttarakhand |  TCS |  Sarfaesi Act |  Vodafone |  DZire |  Aakash tablet |  Sodexo |  NHAI |  Companies Bill 2011 |  Playbook |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  FDI in retail |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  TCS |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us