{"id":631687,"date":"2024-01-27T12:48:05","date_gmt":"2024-01-27T07:18:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=631687"},"modified":"2024-01-27T12:48:05","modified_gmt":"2024-01-27T07:18:05","slug":"view-india-urbanisation-critical-for-getting-developed-tag","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/view-india-urbanisation-critical-for-getting-developed-tag\/","title":{"rendered":"View: India urbanisation critical for getting developed tag"},"content":{"rendered":"<p>India is urbanising rapidly. By 2036, its towns and cities will be home to 600 million people, or 40 % of the population, up from 31 % in 2011, with urban areas contributing almost 70 % to GDP. How well India manages this urban transformation will play a critical role in realizing its ambition of becoming a developed country by 2047, the 100th year of Independence.<\/p>\n<p>Indeed, building the necessary infrastructure will be key for creating livable, climate-resilient, and inclusive cities that drive the economy forward. Since nearly 70 % of the urban infrastructure needed by 2047 is yet to be built, sizeable investments will be required. By 2036, India will need to invest $840 billion in infrastructure &#8211; an average of $55 billion or 1.2 % of GDP per annum. However, estimates suggest that between 2011 and 2018, the country&#8217;s total capital expenditure on urban infrastructure averaged only 0.6 % of GDP, half the required quantum of investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is urbanising rapidly. By 2036, its towns and cities will be home to 600 million people, or 40 % of the population, up from 31 % in 2011, with urban areas contributing almost 70 % to GDP. How well India manages this urban transformation will play a critical role in realizing its ambition of becoming a developed country by 2047, the 100th year of Independence. Indeed, building the necessary infrastructure will be key for creating livable, climate-resilient, and inclusive cities that drive the economy forward. Since nearly 70 % of the urban infrastructure needed by 2047 is yet to [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-631687","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/631687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=631687"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/631687\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=631687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=631687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=631687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}