Urban Transformation Strategies in the Union Budget 2024-25
Syllabus: Geography/ Governance: Urban Governance Source: PIB Need for Urban Transformation Strategy Increasing Urban Population: Currently, urban areas constitute ~35% of India’s population; Expected to grow to 53% by 2047. Economic Contribution: Urban centres contribute ~66% to the national GDP; Expected to reach 80% by 2050. Key Issues: Infrastructure deficit. Rapidly deteriorating environment, including air …
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