Context: Kolkata flyover collapse
Issues in Infrastructure development inside cities:
- Technological hurdles
- Social hurdles
- Economic hurdles
- Political cum bureaucratic hurdles.
Solutions:
- Finance via Municipal Bonds, ReITs, InVITs, NIIF
- Easy land acquisition norm
- Security Audits
- Penalty for non-compliance
- Micro-zoning for precaution
- PPP to minimise bureaucratic hurdles
- Awareness amongst people for renovation
- Swiss challenge method
- Preventing overleveraged firms from participating
- Citizen charter and time bound delivery of services.