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New Delhi:
As per expectation, 40 per cent of India’s inhabitants will reside in city areas by 2030 and upto eight hundred million sq. metres of city house will likely be required for it, Union Minister for Housing and Urban Affairs Hardeep Singh Puri stated on Tuesday.
“40 per cent of our population or 600 million Indians are expected to live in our urban centres by 2030. To cater to this growing urban population, India has to build 600 to 800 million square metres of urban space every year till 2030,” Mr Puri stated on the Confederation of Indian Industry (CII) Webinar on Atmanirbhar Bharat.
“5,151 projects worth more than Rs 2 lakh crore were identified in 100 smart cities. As of today, the mission has tendered around 4,700 projects worth Rs. 1,66,000 crore which is about 81 per cent of the total projects proposed,” he added.
He additionally stated that greater than 1,638 initiatives value over Rs 27,000 crores have been accomplished beneath the Mission.
Stating that India is at the moment the world’s second-largest metal producer with manufacturing standing at 111.2 million tonnes in 2019, he stated that the Steel Ministry’s imaginative and prescient of 300 million tonnes of capability by 2030, will likely be strongly supplemented by the demand generated by city infrastructure improvement over the following decade.
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