The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The Centre for Science and Environment (CSE) has welcomed the Municipal Corporation of Delhi's proposal to hike parking charges as a step towards further reform. Stating that the city needs high parking charges to control traffic chaos and dampen parking demand and car usage and that the higher revenue from …
The Centre for Science and Environment that has been advocating urgent parking reforms to reduce personal vehicle usage to cut congestion and pollution welcomes the new proposal of the Municipal Corporation of Delhi (MCD) to hike parking charges substantially in the city as a step towards further reform.
More than six months after after municipal commissioner Subodh Kumar modified the public parking policy, the Brihanmumbai Municipal Corporation (BMC) has finally passed two of the 28 proposals for new parking lots. Two of the 26 proposals that had been stayed by the civic adminstration after the modified parking policy …
division bench comprising Chief Justice Madan B. Lokur and Justice P.V. Sanjay Kumar of the Andhra Pradesh High Court on Monday told Hyderabad City police to enhance the penalty that vehicles must pay for parking illegally. The bench was disposing of a plea by the East Maruthinagar Welfare Association seeking …
New Delhi: Years after the Delhi government spoke about introducing a special tax in parts of the city to check the growing number of vehicles, congestion tax is back on the discussion board. The document submitted to the Planning Commission that outlined priorities for the 12th five-year plan (2012-17) mentioned …
Multi-level, automated, open round-the-clock; capacity 824 cars With the number of privately-owned vehicles in the Capital going up sharply every year, parking has become an issue at every major market place. To address this problem, Delhi got its first automated multi-level car parking lot at the Sarojini Nagar market on …
Delhi is all set to get its first fully automatic multi-level car parking lot, with Union Urban Development Minister Kamal Nath slated to inaugurate the facility at Sarojini Nagar Market on Thursday. Union Sports Minister Ajay Maken and Chief Minister Sheila Dikshit will be present at the opening. Developed by …
Now, Shoppers Forced To Shell Out Up To 100, Official Rate 10 Per Hour New Delhi: The spirit of Delhiites might be soaring with the ongoing festive season but extra parking fees are playing spoilsport. With Diwali just a week away, shoppers also have to budget in for the exorbitant …
Parking policy for the city will be the major determinant of the fate of central areas, CBD or the downtown. This policy will be complementary to the public transport policy and urban transport policy of the state, The city is facing traffic jams with on street parking devouring two lanes …
If all the 5.75 lakh cars registered in the city were to be parked on-street parallel to one another, the area that the vehicles occupy would be as much as seven per cent of Chennai. As existing regulations on parking are inadequate and the enforcement is lax, most of the …
The objective of the parking parking policy are: To encourage the people to use the public transport system by giving preferential treatment to public transport over motorized individual modes; To reduce the traffic congestion on roads; To reduce the people to obey the traffic rules and park the vehicles only …
CHENNAI: With Chennai, like many other cities, running desperately short of parking spaces, experts suggest that parking should be treated as a commodity with appropriate pricing mechanisms for effective traffic management and to encourage public transport usage. According to statistics provided by Chennai City Connect, a body working on urban …
“Can you buy a house without paying for it?” asks Indian Institute of Technology professor Dinesh Mohan talking about the “subsidy” being offered to private vehicle owners for parking their vehicles in the Capital. According to a recent international survey carried out by real estate company Colliers International, parking rates …
With the Delhi Metro announcing a hike in existing parking charges for its parking lots in accordance with prevalent civic agency rates from this week, regular commuters who use the Metro Smart Card have a reason to rejoice. The DMRC will offer monthly parking passes to genuine metro commuters, whose …
New Delhi: If you’ve been parking your car at a Metro station, get ready to fork out more. Delhi Metro, which has received complaints of people misusing its parking, has finally decided to act. From this Thursday (September 1), only regular Metro users who have smart cards, are being given …
Khan Market in boulevard Delhi is said to be the most expensive real estate in India, maybe even in the world. But in this richest shopping destination, buyers do not want to pay for parking their vehicles. The shopkeepers’ association has taken the local city council to court, saying it …
Khan Market in boulevard Delhi is said to be the most expensive real estate in India, maybe even in the world. But in this richest shopping destination, buyers do not want to pay for parking their vehicles. The shopkeepers’ association has taken the local city council to court, saying it …
Public Roads, Govt Land Will Suffice, Says Metrolink Ahmedabad: The fact that land acquisition has become a sensitive issue across India has apparently handed the state government a new tool to market its prized metro rail project linking Ahmedabad and Gandhinagar. The Gujarat government is now touting it as ‘zero …
Though the city has over 5.5 lakh cars, there are only about 3,100 legal on-street parking slots Prevailing parking rates in the city are among the lowest anywhere in the world. Car users are pampered so much that even hawkers pay double the amount to use street space. While hawkers …
New Delhi: Even as a highlevel committee deliberates over the parking rate policy, a strong case is being made to hike parking rates in the city. EPCA (environment and pollution control authority) member Bhure Lal on Wednesday made it clear that the time has come to change the parking policy …
