Experts call for alternative model of development for Hyderabad
"There is a shift occurring in the urban demography. similar to how the wealthy class lives in suburban regions while the impoverished class resides in the heart of the US city. Similar circumstances exist in hyderabad, where the wealthy classes and castes have been relocating to Neopolis in Kokapet and other areas, while the working class and impoverished are living in slums. He noted that to prevent future disruptions of the peace, infrastructure must be developed in the areas where the working class and lower classes thrive.
Estimates and solutions for creating social infrastructure
Bringing up the World Bank's estimate of 70 lakh crore and McKinsey and Company's estimate of 90 lakh crore required to build social infrastructure in the nation's cities, Prof. Nageshwar pointed out that whenever the idea of urban reforms came up, policymakers always tried to raise the property tax, which put the burden on the people.
Rather, he argued that the Centre might allocate 10% of income tax revenue for the development of capital infrastructure (urban social infrastructure) that benefits the working class, in accordance with the recommendations of the KC Sivaramakrishnan Committee.