India unlikely to see many new cities, says Bibek Debroy - News Summed Up

India unlikely to see many new cities, says Bibek Debroy


"Elaborating he said: "For the most part, we are not really talking about completely privately developed cities. NEW DELHI: Country is unlikely to see many greenfield or privately developed cities in the future as most of the efforts would be on revamping existing urban areas, said NITI Aayog Member Bibek Debroy "I think rare will be the case where India will have completely private funded cities. That is unlikely to happen, nor there is going to be a case where we will have completely greenfield cities," Debroy said addressing the inaugural session of a conference here. "Meanwhile, NITI Aayog is organising a two-day workshop on improving urban infrastructure through best practices in public financing on July 21-22. "Urbanisation in India was somewhat chaotic.


Source: Economic Times July 21, 2016 07:41 UTC



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