Urbanization in India has been on a rise, as can also be seen in emerging economies like Brazil, China, and Indonesia. India in 2011 was 31.2% urban with 377 million living in urban areas, which increased to 34% in 2017. The urban population is set to increase to 590 million by 2030 placing pressure on Indian infrastructure, which will necessitate the construction of 700 to 900 million square meters of commercial, residential, gardens, parks, and open spaces, in order to meet the demands of urban population. In the present study, gardens and parks in the city of Pune (Maharashtra State, India) and their revenue and expenditure heads (for year 2018–19) have been administered. The paper aims to study how public sector owned gardens and parks can be better utilized for advertising, co‐working spaces, physical fitness centers and be converted into revenue generating assets for the city, which are currently acting as liabilities. Explorative research methodology has been utilized and the study is based on secondary data collected majorly from the local Municipal Corporation office. Important findings of the paper suggest – as to how under‐utilized public gardens and parks can be converted into multifaced, revenue generating areas without hindering the core objective of open places and thereby helping the city level corporation in smoothly fulfilling its roles and responsibilities. The paper would thus play a positive role in aiding the local government to look at innovative sources of financing and thus, reduce its financial dependability on higher levels of government.
The chapter studies and attempts to understand the idea of crowdfunding and the possibility of it being adopted and adapted within the urban Indian framework. It explores the potential of crowdfunding – the civic variety, which can supplement a small but meaningful percentage of financial resources required to provide urban services in Indian cities. The objective of using the crowdfunding platform is to create sustainable and livable cities. While the delivery of basic urban services is the responsibility of the urban local bodies, it is observed that the available financial resources at their disposal poses an impediment in service delivery. With the process of urbanization gaining momentum, India will require billions of dollars to build the much-needed urban infrastructure and provide basic urban services. It is envisaged that civic crowdfunding, which addresses the varied requirements of urban citizens, may be the appropriate solution to the problem.
Transport issues in urban centers are rising at an exponential rate and are characterized by congestion, high motorized vehicles growth, vehicular and noise pollution, road accidents and parking space constraints. Present public transport and Non-Motorized Transport (NMT) modes are inefficient and do not cater to the needs of 31.23% of urbanized population in India, which is poised to grow up to 71% by 2031 (MoUD, 2015). Lack of accessibility in public transport and NMT has compelled commuters to opt for private transport modes such as two-wheelers and cars, in order to have access to work, education and other leisure activities. The paper aims to assess the finances allocated to urban transport system in the city of Pune under the jurisdiction of Pune Municipal Corporation (PMC). The authors intend to critically review the city budget and its contribution to sustainable modes of urban transport. The key research questions are: - a) whether the budget distributes enough revenue to enhance the efficiency and accessibility of public transport modes and NMT as guided in the National Urban Transport Policy (NUTP) of 2006? b) does the local government continue to invest in temporary urban transport solutions catering to the needs of private modes of transportation? The research is based on secondary budget data of the year 2016-17 and the data so collected, has been analyzed on various financial parameters. The results show that PMC’s budget allocation is not favoring sustainable modes of transport as much as it is catering to other urban transport infrastructure and utilities. The study thereby suggests sufficient allocation of the city’s budget towards the creation of sustainable transportation. Lastly, the paper concludes with recommendation on ways of innovative financing methods to make public transport, sustainable and discusses various case studies of best practices followed globally pertaining to sustainable urban transport system.
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