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27/05/2019 - Indian Economy

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May 27, 2019

New military bases can form the the catalyst for new cities, which will create a growing spiral of economic activity and create millions of jobs. Explain (200 Words)

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K. V. A 6 years

Pls review

IAS Parliament 6 years

Try to include about the role of co-operative federalism, issue of land acquisition etc. Keep Writing.

IAS Parliament 6 years

KEY POINTS

India can create over 30 million new jobs in the short- and medium-term by creating 20 new military bases over the next 15 years.

Shifting parts of old cantonments to new sites can, in a single move, address many policy challenges:

·        create new cities,

·        provide the armed forces with modern facilities

·        create mass employment without adding to the nation’s fiscal burden.

Rough estimates suggest that for every new military base or cantonment, between 100,000 to 1 million jobs will be created in the construction and infrastructure sector in the short- and medium-term.

·        Further, redevelopment of existing city centres will itself account for 200,000-500,000 new construction jobs in each location in the short-term.

·        Additional high-value jobs will be created in these areas given the economic potential of city centres.

·        Over time, the military bases will germinate into new urban centres with populations of 1-5 million that can act as engines of economic and job growth for the future.

·        Cooperative federalism has to operate at a massive scale, the armed forces have to be persuaded to part with land that has been in their possession since before India’s independence, the environmental impact must be mitigated, agricultural land acquisition must be sorted out and finally, urban real estate mafias must be kept in check.

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