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Budgets, it is said, are 25 per cent vision and 75 per cent execution. Last week, the financial capital of India saw two of them; the national and the civic. So, what do both exercises mean for Mumbai at a time when the city is expected to lead the country out of economic slowdown?
Godrej Properties will acquire 10 per cent stake in DB Realty; both companies will invest additional Rs 300 cr towards an equity platform for redevelopment opportunities in Mumbai.
The COVID-19 pandemic has caused unprecedented stress on India’s urban public health infrastructure, underscoring the need for urban planning to account for increased demand for health amenities during crises. This paper evaluates the city of Mumbai’s 1991 and 2034 development plans and finds inherent infrastructural inadequacies. It calls on urban-policymakers to complement development plans with robust dynamic health strategies that consider technological advances and epidemiological changes. Public-private partnerships should be encouraged to overcome the challenges of funding and tech...