May 19, 2023: Aimed at reducing the population burden on the existing urban centres in India, the government is planning to develop eight new cities, mention media reports.
On May 18, 2023, M B Singh, director, G20 unit, housing and urban affairs department said that the 15th Finance Commission has recommended the development of new cities in one of its reports.
According to media reports, after the Finance Commission’s recommendation, the states sent proposals to the Centre for 26 new cities, and after scrutiny, eight new cities are being considered for development. Singh said that the government would announce locations for the new cities and their development timelines.
He highlighted that haphazard expansion on the outskirts of existing cities is affecting the basic planning of these cities. He added that when a new city is developed, social and economic activities would increase within a radius of at least 200 km. Though the financial roadmap for setting up new cities has not been finalised, the Union Government will play a major role in the project, he said.
See also: India to overtake China as the most populous country: UN report
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Harini is a content management professional with over 12 years of experience. She has contributed articles for various domains, including real estate, finance, health and travel insurance and e-governance. She has in-depth experience in writing well-researched articles on property trends, infrastructure, taxation, real estate projects and related topics. A Bachelor of Science with Honours in Physics, Harini prefers reading motivational books and keeping abreast of the latest developments in the real estate sector.
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