India Infrastructure Report (IIR) 2023 on Urban Planning and Development was released on 04 December 2023.
Shri Venkaiah Naidu, former Vice-President of India, released the report.
The India Infrastructure Report 2023 is a collaborative effort of the IDFC Foundation, Infrastructure Development Corporation (Karnataka) Ltd. (iDeCK) and the National Institute of Urban Affairs (NIUA).
Key aspects of IIR 2023 are Planning and Governance, Smart Initiatives, PPPs and Financing, Housing and Migration, Public Service Delivery, Integrating Infrastructure, and Urban Redevelopment.
The India Infrastructure Report (IIR) 2023 contains 25 chapters. It is an annual publication.
IIR 2023 noted that India has led in PPPs, particularly in roads, ports, airports and energy.
IIR 2023 noted that few PPPs have happened in the urban sector.
Key Highlights of the IIR 2023:
Transformative potential of digital technology in shaping the urban landscape of India. Focus on the concept of ‘smart cities’ and the significance of performance ranking criteria.
Examination of financial dimensions of urban development, with a special emphasis on public-private partnerships (PPPs), the financial sustainability of urban local bodies, and the efficacy of municipal bonds as potent financing instruments.
Effective urban transportation planning. Focus on floor space and land price regulation in India as pivotal component of effective urban governance.
IDFC Foundation is a not-for-profit institution. It works on philanthropic initiatives in social infrastructure.
IDeCK was established in 2000 as a joint venture of the Government of Karnataka, IDFC Foundation and HDFC. It focusses on catalysing well-planned, sustainable infrastructure projects, especially through public-private participation.
National Institute of Urban Affairs (NIUA) was established in 1976. It is a Central Autonomous Body under the Ministry of Housing and Urban Affairs.
