There has been a criminal neglect of urban planning for 67 years: Housing Minister
ET Realty , Mar 18, 2018
There has been a criminal neglect of urban planning for 67 years which has led to current problems in urban sector in India, according to Union minister Hardeep Singh Puri.
Puri was addressing a conference on Pradhan Mantri Awas Yojana (Urban) Housing for All by 2022' organised by industry body FICCI in New Delhi on Friday.
Giving example of Kathputli Colony redevelopment, the minister further added that the distortion or manipulation have been carried out by vested interest. However, post 2014, the central government has carried out various policy changes in order to refine the industry, the effect of which will take some time to show.
The housing minister further added that out of the required 12 million houses by 2022, nearly four million houses have already been sanctioned. “The ministry is sanctioning 1.5 lakh houses every month. After sanctioning, it takes around 18 months to start the project,” he said.
Puri however agreed that the current fund of Rs 60,000 crore approved by the central government is not enough and we will require private players participation.
Housing minister said there are signs of housing demand picking up and the correction will take some time.