Puliyabaazi

High price of land in India has made housing unaffordable for a majority of urban Indians, who have no option but to live in congested slums or unauthorized housing. While this is a burning issue for the public, it hasn’t received enough policy attention. What can be a long term solution to provide good, legal and affordable housing to more Indians?This is our second episode with independent economist Prof. Gurbachan Singh on the issue of housing crisis in India. Prof. Singh has previously taught at many esteemed institutions such as Indian Statistical Institute (ISI), Jawaharlal Nehru University (JNU), and Ashoka University. He applies a macro-economics approach to dissect this issue from multiple dimensions.We discuss:* What is Unauthorised Housing* The need for an enabling policy* Land readjustment in existing cities* 100 new cities* Marketing to attract new networks* Market malfunctioning due to faulty policy* Politician and Developer Nexus* Pillars of a policy framework* Vested interest of land-holders*