Urban Development: Key Priorities in the Budget

23 Jul 2024 , 12:12 PM

• Urban Housing: The “Urban 2.0” initiative aims to construct one crore houses for the urban poor, with an allocation of ₹10 lakh crore.
• Transparent Renting: Introduction of policies and regulations to create a more transparent and efficient renting market.
• Urban Services: Enhanced services planned for 100 large cities to improve urban infrastructure and development.
• Street Markets: Expansion of support for street vendors through the Svanidhi scheme and new urban haats to boost local economies.
• Stamp Duty Reforms: Encouraging states to implement higher stamp duties to standardize rates and reduce duties for women to foster home ownership.