Privatization and Urban Development Policies in Punjab

Abstract

The changing development mechanism pertaining to urban growth patterns have been swiftly changing in recent past which gave birth to introduction of private players in the development journey. However, this changed development formula primarily dominated by the private developers was such a successful model for certain sections of societies which in turn lead to changing policy environs and proved to be favourable for ultimate dependence upon private sector developers and thereby replacing public sector authorities almost completely. The problems emerged on account of multiple developers aggressively jumping into the development mechanism led to spotty development which further gave birth to the need of urban development policies for large scale development projects. The larger cities of Punjab and more precisely the peripheral parts of the state’s capital became most prone to this development equation, which shall be assessed and analysed by virtue of stringent policies keeping vigil eye on the planning and development progress of private players.