vision for delhi - international commercial and cultural hub
TRANSCRIPT
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8/14/2019 Vision for Delhi - International Commercial and Cultural Hub
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Delhi International
Commercial and Cultural hub
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Delhi as an International Hub A completely different vision of the future
Built around core values (and not infrastructure)
Communities participation and Neighborhoods driven Environmentally friendly Age and gender sensitive
Having three key pivots Commercially dynamic and flexible Arts and Culture Integrating the modern with heritage
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Delhi 2050
Building an international hubaround Neighborhoods
Communities
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The Economy
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India will lead the world
Poised for economicleadership of the world
Leadership requires not just economic growthbut overall growth inknowledge creation:
Cultural Commercial
Spiritual
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Defining the leadersEvery leader country duringthe history of mankind havehad one or two anchor citiesthat power its rise:
Harappa and Mohenjodaro in The IndusValley
Alexandria and Cairo in Egypt
Rome in Ancient Europe
New York in The US, London in The UK
and Paris in France Shanghai, Hong Kong and Beijing in TheEast
All have invested inKnowledge and Cultural capital
Physical Infrastructure
Aimed at facilitatinginteractions of Local residents
National
International
The character of the city in turn leads the country in acertain direction
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A systematic and staggered
ApproachIndias Political Capital, North Indias commercial center,Growing Knowledge center
Indias commercial center, Center for Research, Culturalactivities center for arts
Asian commercial center, Cultural Hub, Knowledge Hub
2010
2020
2030
2050 International commercial center, Cultural Hub, KnowledgeHub
In 10 years
A truly inclusive, cosmopolitancity in name and spirit, Delhi, willlead Indias foray into superpower
status
In 20 years
Intellectual Domain
Cultural Domain
Commercial Domain I n f r a s
t r u c
t u r e
H u m a n
C a p
i t a
l
I n t e r a c
t i o n s
O p p o r t u n
i t i e s
f o r a l l
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Capital > Centre > Hub
2010 - 2020
Build a base -
Center of Knowledge,Culture andCommerce
2020 - 2030Become anAsian Hub
Centre - A point of attraction for businessvisitors and travelers
Hub place of concentrated activity from where ideasand influences spread
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Collaboration of communities and Government
Government asThe Anchor
Communities asThe execution
partners
BHAGIDARI
Citizens andVisitors- Enjoy the facilities- Have a good time
- Interact
Existing facilitiesscaled up
- Waterfront developed for recreation- Festivals organized andscaled to higher levels
- Old cities as tourismdestinations
Communities have a direct stake andresponsibility in managing, manningand running the facilities
The Government regulates, providessupport and encourages execution.
Ensures that communities directlyinvolved benefit the most in a transparentmanner employment opportunities,entrepreneurial opportunities, profitsharing ploughed back into development
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A lot of Economic Potential
82% Literacy Rate82% Literacy Rate 46% residents perceive Delhi to have better business/professional46% residents perceive Delhi to have better business/professionalopportunitiesopportunities Average Annual per capita earning = Rs. 78,660Average Annual per capita earning = Rs. 78,660
Average Annual per capita savings = Rs. 17,962Average Annual per capita savings = Rs. 17,962 Annual Household Saving = 22.3% of Annual Household EarningAnnual Household Saving = 22.3% of Annual Household Earning Employment growth rate = 5%Employment growth rate = 5% Credit growth rate = 16%Credit growth rate = 16% Deposit Growth rate = 17%Deposit Growth rate = 17% Market size Growth rate = 10%Market size Growth rate = 10%
Likely to be realized over the next two decades
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Growing Incomes
GDP growth, @ 10% paPer capita GDP growth,
@ 6% paIncome distribution moving
towards higher income categories
9 0
, 3 0 0 3
1 1
, 7 4 0
8 0 8
, 5 7
4
6 8
, 6 4 3
1 4 6
, 4 1 1
2 6 2
, 1 9 9
2007 2020 2030
GDP (Rs Crore)
GDP per capita (Rs)
Source: District GDP of India, Indicus Analytics
3.12 3.38
5.41
8
1.071.54
2.77
4.73
2006 2007 2020 2030
Households (million)
Households above 3L annual income(million)
Source: Market Skyline of India, Indicus Analytics
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Changing DemographyAnnual Household Income of Urban Households
Annual incomeRs. 1.5 to 3
lakh45%
Annual incomeRs. 75k- Rs.1.5
lakh7%
Annual income< Rs. 75k
2%
Annual incomeRs. 3 to 5 lakh
32%
Annual incomeRs. 500k- Rs.
1,000k9%
Annual income> Rs.1,000k
5%
Education / Literacy Level of Employed Individuals
Not Literate11%
Seco ndary orHigher
Secondary32%
Graduate orabove
19%
Literate B elowSecondary38%
The income bulge will shift to Rs 5L pa, Graduate segment will grow andthe age profile will be more towards the 25-50 years segment
The proportions willincrease in favour of higher income, better educated, relatively
younger people
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Challenges
Pressure of In migrationTransport Gridlock
Communication GridlockEnvironment
UtilitiesPedestrians/ Public transport
Legacy Laws
Housing shortageCongested roads and shortage of public transportEMploymentUnauthorized constructionsPollutionLack of drinking water Lack of safety and security in streets and even inside homesLack of public places for children, youth and elderlyNeed for more schools, colleges, hospitals
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The Way Forward in
Planning
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Framework for Analysis Goals and objectives
Guiding principles Employment and Economy
Requirement Analysis: How Delhi will evolve Communities, housing, transport, environment,
health, education, recreation (arts and culture,heritage), commercial centres, markets and fairs,sports, energy, water supply, sanitation, sewage,structure of the economy, revenues and expenditures.
Considerations - Opportunities and threats Developing principles and framework for Delhis
comprehensive plan
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Analysis Areas Changing Delhi forecasting/ prediction Setting precise objectives and goals Creating enabling institutions
Cooperation- Getting multiple institutions to work synergistically Land and Land usage planning Infrastructure required
Revenue generation and budgeting Problems of multiple governments
- Natural Growth - Objectives - Interaction - T&C - Public Space
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Analysis Output
A Comprehensive Study examining thenext two decades Evolving economic scenario
Changing demography Community participation & requirements Civic Service levels
Infrastructure Requirements forecasts Public Private partnership frameworks Legal and Regulatory
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Way Forward
Scale of Study Can be done in different scales
Surveys Experts Seminars and discussions
Pre and Post Time Frame
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Thank You