Is India Financing Urban Transport in the Right Direction
Aanchal Airy1, Gargi Patil2

1Aanchal Airy, Assistant Professor at the Symbiosis School of Economics (SSE), located in Pune City, India
2Gargi Patil, Faculty at the Symbiosis School of Economics (SSE), located in Pune City, India.
Manuscript received on 08 September 2019. | Revised Manuscript received on 22 September 2019. | Manuscript published on 30 September 2019. | PP: 142-147 | Volume-8 Issue-11, September 2019. | Retrieval Number: K12600981119/2019©BEIESP | DOI: 10.35940/ijitee.K1260.0981119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: Transport issues in urban centers are rising at an exponential rate and are characterized by congestion, high motorized vehicles growth, vehicular and noise pollution, road accidents and parking space constraints. Present public transport and Non-Motorized Transport (NMT) modes are inefficient and do not cater to the needs of 31.23% of urbanized population in India, which is poised to grow up to 71% by 2031 (MoUD, 2015). Lack of accessibility in public transport and NMT has compelled commuters to opt for private transport modes such as two-wheelers and cars, in order to have access to work, education and other leisure activities. The paper aims to assess the finances allocated to urban transport system in the city of Pune under the jurisdiction of Pune Municipal Corporation (PMC). The authors intend to critically review the city budget and its contribution to sustainable modes of urban transport. The key research questions are: – a) whether the budget distributes enough revenue to enhance the efficiency and accessibility of public transport modes and NMT as guided in the National Urban Transport Policy (NUTP) of 2006? b) does the local government continue to invest in temporary urban transport solutions catering to the needs of private modes of transportation? The research is based on secondary budget data of the year 2016-17 and the data so collected, has been analyzed on various financial parameters. The results show that PMC’s budget allocation is not favoring sustainable modes of transport as much as it is catering to other urban transport infrastructure and utilities. The study thereby suggests sufficient allocation of the city’s budget towards the creation of sustainable transportation. Lastly, the paper concludes with recommendation on ways of innovative financing methods to make public transport, sustainable and discusses various case studies of best practices followed globally pertaining to sustainable urban transport system.
Keywords: Financing, Pune, Sustainable, Urban Transport.
Scope of the Article: