Comments of Mr Pradeep Jain, Chairman, Parsvnath Developers Ltd on PM Launches Three Schemes- Housing for All, Smart Cities and AMRUT

Mr Pradeep Jain, Chairman, Parsvnath Developers Ltd.

“It is happy to see that the government has come up with a plan on urban development and smart cities. Introduction of interest subvention scheme for urban poor under Housing for All scheme;  upgrading urban infrastructure under AMRUT and creation of Smart Cities will definitely change the face of our city landscape while improving the lifestyle of its residents. While fund allocation on these schemes is good, it should be ensured that proper utilization takes place and it reaches the concerned authorities. The govt should also note that developing an all new city would require huge land bank i.e. agricultural land, therefore a common consensus on the Land Bill is very much required. We need to balance infrastructural, urbanisation and  industrial growth while providing full attention to  agricultural growth for a holistic development.”