India Infrastructure Report 2023 Released

  • By Mr Venkaiah Naidu, former Vice-President of India along with Mr. Amitabh Pant, G20 Sherpa of India and former CEO, NITI Aayog.
  • It is a collaborative effort of the IDFC Foundation, Infrastructure Development Corporation (Karnataka) Ltd. (iDeCK) and the National Institute of Urban Affairs (NIUA).

About IIR 2023:

  • It contains 25 chapters by prominent names in the urban development and policy ecosystem on the current state of urban development in India.
  • It is an annual publication.
  • It helps identify and analyse legal, fiscal, regulatory, technological, social, and conceptual aspects related to contemporary themes relevant to infrastructure development.
  • It is an invaluable resource for policymakers, investors, academics, financiers, and multilateral agencies.

Key Highlights:

  • Spotlight on the transformative potential of digital technology in shaping the urban landscape of India.
  • Examination of financial dimensions of urban development, with a special emphasis on public-private partnerships the financial sustainability of urban local bodies, and the efficacy of municipal bonds as potent financing instruments.
  • Urban transportation planning and urban redevelopment as pivotal components of effective urban governance through transit-oriented development, efficient urban goods movement, and floor space and land price regulation in India.

IDFC:

  • IDFC Foundation is a not-for-profit institution, working on philanthropic initiatives in social infrastructure.
  • It carries out focused research, policy advocacy and capacity building across the spectrum of infrastructure sectors.
  • In the past, it brought out various publications and research papers for ushering in fresh perspectives and frameworks for infrastructure development in the Indian context.

About iDeCK:

  • Established in 2000 as a joint venture of the Government of Karnataka, IDFC Foundation and HDFC.
  • It focuses on catalysing well-planned, sustainable infrastructure projects, especially through public-private participation.
  • It has accumulated a rich and diverse experience across infrastructure sectors through its active engagement in the development of over 800 projects in the country and abroad.
  • The IDFC Foundation and the ICAP Trust, have been utilizing the expertise of residents within iDeCK in pursuit of research and capacity-building activities.

About NIUA:

  • Established in 1976, the National Institute of Urban Affairs has been bridging the gap between research and practice on issues related to urbanization and suggesting ways and mechanisms to address urban challenges in the country.
  • It is a Central Autonomous Body under the Ministry of Housing and Urban Affairs.
  • It is a national think-tank undertaking cutting-edge multi-disciplinary research, knowledge exchange and capacity development, policy planning and advocacy in the domain of urban development.
Posted in Current Affairs.