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Why is Public Policy for Affordable Housing in India Changing So Slowly

Why is Public Policy for Affordable Housing in India Changing So Slowly In India, attempts to stimulate a formal market for affordable housing, by privatizing, deregulating and promoting the private sector funding for housing and infrastructure, as an alternative to the provision by the government, have not been very successful. This study offers as an explanation that the intended market did not arise because the new policy did not take into account the existing institutional structure that regulates the (informal) provision of affordable housing. The existing structure relies heavily on clientelism which, in effect, is serving as an alternative to the market. Therefore, just changing the formal institutions of housing and land policy will not necessarily bring about the desired change in the provision of housing. This is illustrated by the case of informal housing in Raipur. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Environment and Urbanization ASIA SAGE

Why is Public Policy for Affordable Housing in India Changing So Slowly

Environment and Urbanization ASIA , Volume 7 (2): 19 – Sep 1, 2016

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References (56)

Publisher
SAGE
Copyright
© 2016 National Institute of Urban Affairs (NIUA)
ISSN
0975-4253
eISSN
0976-3546
DOI
10.1177/0975425316664634
Publisher site
See Article on Publisher Site

Abstract

In India, attempts to stimulate a formal market for affordable housing, by privatizing, deregulating and promoting the private sector funding for housing and infrastructure, as an alternative to the provision by the government, have not been very successful. This study offers as an explanation that the intended market did not arise because the new policy did not take into account the existing institutional structure that regulates the (informal) provision of affordable housing. The existing structure relies heavily on clientelism which, in effect, is serving as an alternative to the market. Therefore, just changing the formal institutions of housing and land policy will not necessarily bring about the desired change in the provision of housing. This is illustrated by the case of informal housing in Raipur.

Journal

Environment and Urbanization ASIASAGE

Published: Sep 1, 2016

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