{"id":235157,"date":"2023-03-30T19:45:42","date_gmt":"2023-03-30T14:15:42","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=235157"},"modified":"2023-03-30T19:45:42","modified_gmt":"2023-03-30T14:15:42","slug":"2-years-after-finance-panel-suggested-centre-evaluating-26-proposals-for-new-cities","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/2-years-after-finance-panel-suggested-centre-evaluating-26-proposals-for-new-cities\/","title":{"rendered":"2 years after Finance panel suggested, Centre \u2018evaluating\u2019 26 proposals for new cities"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201c2 years after Finance panel suggested, Centre \u2018evaluating\u2019 26 proposals for new cities\u201d <\/b><span style=\"font-weight: 400;\">published in<\/span><b> Indian Express on 29th March 2023<\/b><\/p>\n<p><b>What is the News?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Union Housing and Urban Affairs Ministry is currently evaluating 26 proposals from 21 states for the creation of new cities in India.<\/span><\/p>\n<p><b>Creation of new cities in India:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The 15th Finance Commission has recommended Rs 8,000 crore fund for the incubation of eight new cities\u00a0 (Rs 1000 crore to each) in the country through a challenge.<\/span><\/p>\n<p>&#8212; Considering the small urban population in the Northeast and hill States, Rs 1,000 crore for two new cities (Rs 500 crore each) for two different states has been proposed.<\/p>\n<p><b>Criteria: <\/b><span style=\"font-weight: 400;\">A state can have only one new city through this fund.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u2013 A maximum of nine new cities in nine states can be selected.<\/span><\/p>\n<p><b>What is the need for the creation of new cities in India?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">World Bank data finds that 56% of the world\u2019s population lives in towns and produces 80%of its GDP.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 2011 status found the level of urbanization in India to be just under 33%. Assume it is about 35 percent now. With India\u2019s population now at 1.42 billion, the urban population would be almost 500 million.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2051, India\u2019s population would be 1.67 billion (both population figures from UN Population projections). If India\u2019s population becomes 50% urban by then, that would mean the urban population would increase to 835 million.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is no way this additional population can be squeezed into India\u2019s existing towns and cities with whatever redevelopment of existing cities is carried out.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201c2 years after Finance panel suggested, Centre \u2018evaluating\u2019 26 proposals for new cities\u201d published in Indian Express on 29th March 2023 What is the News? The Union Housing and Urban Affairs Ministry is currently evaluating 26 proposals from 21 states for the creation of new cities in&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/2-years-after-finance-panel-suggested-centre-evaluating-26-proposals-for-new-cities\/\">Continue reading <span class=\"screen-reader-text\">2 years after Finance panel suggested, Centre \u2018evaluating\u2019 26 proposals for new cities<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,9],"tags":[10500],"class_list":["post-235157","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-public","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/235157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=235157"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/235157\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=235157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=235157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=235157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}