Isher Judge Ahluwalia and others have estimated that investment requirements for urban infrastructure over the twenty year period 2012–2031 would be about 40 trillion which translates to an annual average investment of about $ per capita.
Mobilizing resources of this order is obviously a big challenge and will call for more effective taxation, efficient project planning and implementation, innovative urban governance and much greater sensitivity to embracing the migrants into the urban ecology. Fifth challenge: bridging the infrastructure deficit 30. It is widely acknowledged that infrastructure deficit is by far one of the most binding constraints to accelerating growth.