The Joshimath tragedy points to why it is absolutely necessary to check the ways of this sector for the sake of sustainability.
Unfortunately, Uttarakhand is not the only state where such disastrous ‘sinking of the earth’ has happened. Latest reports bring out horror stories from across the country. Apparently, Shimla and McLeod Ganj in Himachal Pradesh, Darjeeling in West Bengal and Chamoli (again Uttarakhand) have serious issues of a similar nature.
These are all hilly areas with a fragile ecology and what is happening in these places bear some similarities by way of ignoring early warning signals. However, the curse of illegal and irresponsible construction is spread almost all over the country and, in fact, is more blatant and more damaging in our bigger cities and metropolises. Yes, one factor is common – the rapid increase in population – leading to huge pressures on land prices and emergence of a sort of ‘cult of unholy nexus between builders and civic administration’. Let me first look at a tier-1 town.
Our Towns
Gurgaon – that sleepy little town south of Delhi till the 1970s, 1980s and even early 1990s – has seen explosive growth in the last 20 years. Current estimates put its population figure at 12.5 million, which also seems to be less than the actual figure. The place was given the sobriquet of ‘Millennium City’ mostly by the builders. Despite warnings of a looming water shortage, they kept on building as if there was no tomorrow and land prices kept zooming up.
この記事は Business World India の February 25, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Business World India の February 25, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders