There is an emerging policy consensus around promoting cities as engines of economic growth (XV Finance Commission, 2020, pg. 169). NITI Aayog, in its May 2022 report, proposed developing comprehensive economic plans for Indian cities. The 74th amendment also allows Urban Local Bodies to integrate and implement economic development schemes through the master plan. Cities across the world use economic data to understand and identify target areas for investment in transportation or economic infrastructure (for example, Sao Paulo) or setting up targeted investment funds (such as London’s Regeneration Fund and Growing Places Fund) or improving poor neighbourhoods’ access to better…
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