Step Up Pub­lic Pvt Part­ner­ship

The Economic Times - - Companies: Pursuit Of Profit -

In­cen­tives for af­ford­able hous­ing is an ex­cel­lent idea to boost the growth mo­men­tum go­ing for­ward. It would shore up de­mand for ce­ment, steel and other ma­te­ri­als. But while we need to in­crease home own­er­ship, there is also a solid case for pro­vi­sion of af­ford­able pub­lic hous­ing via the pub­lic pri­vate part­ner­ship route. The pol­icy ob­jec­tive ought to be to im­prove the mar­ket for rental hous­ing, with bet­ter al­lo­ca­tion of re­sources. In tan­dem, it would make sense for real es­tate in­vest­ment trusts to pick up stake in the pub­lic hous­ing projects.

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