Mumbai is the financial capital of India. Be it the banking sector, or the stock exchange or it’s overwhelming presence in the foreign market, Mumbai can be rightly called as the Financial Hub of India. The city of opportunities is not completely wonderful as it looks on paper Due negligence in areas of concern such as Slum, Sanitation, Health & Healthcare and Infrastructure. Introduction

Slum Rehabilitation Scheme. Limited success in eliminating this problem Abolishment of the slums is not the right solution as it may leave around an approximate of 8 million people without a roof on their head. A proper planned process of the slum elimination with the awareness in the slum dwellers without the monetary incentives which leads them to create new slums would be achieved and lead somewhere closer to a slum free Mumbai. Mumbai and it’s Slums.

Mumbai generates a mammoth 5,500 metric tons of waste daily! Deonar is already facing the heat as by 2010 there isn’t going to be more dumping space. The underground pipes of the sewerage system in Mumbai are 100 years old! After several loans from the World bank, The sewerage system probably would go into Private hand. Mumbai and it’s Sanitation vows.

The Wealthiest city is the Filthiest! Huge difference between the private and public division of the health facilities in Mumbai At private centers the prices are going rocket high, and where the masses can afford, there is a lack of facilities. The health and it’s care.

There will be 2 billion more people residing in Mumbai by With the current Metro and Monorail projects on, Public Transport may get a bit of ease New modes of transport will soon be congested like the BEST and Local Railway. All of these need a simple solution, which is of a proper planning system for the city. The Mumbai Infrastructure.

Discuss the challenges and hinders in the way of Mumbai Redevelopment ? Basic amenities are in a haphazard manner. Infrastructure is the key for constant growth. Blaming the government authority is not the way out, a citizen readily implementing initiatives and with a proper civic sense is the need of the hour in Mumbai. The over utilization and exploitation of resources.

What can be your role as a youth of Mumbai for gaining its premier position? Selfless in the service of the beloved city. Right set of individuals would be required to focus upon the development of the Infrastructure. Awareness and CSR initiatives should be taken up by us. It’s going to be very important for us that the Financial Hub of India develops and scales the peak. Our role as the youth, would be to continuously strive for the betterment of this city which is a home to not only us but a billion others.

Suggest envisioning short-term and long-term strategies for new Avatar of our very own Mumbai ? Slums: Long term: build buildings in place of slums. Meanwhile rehabilitate them at some other place. Private developers are being asked to demolish the low- rise slum and re-house the residents in tower blocks on the same site, rather than moving them out of the city. The poor should get a home in a block in a prime location. Short term: Minimizing of corruption, Controlling Migration of people.

Sanitation: Long term: Plan new plan for sewage system. This plan should be made looking at budget. Good political support. Finding new place at outskirts of mumbai Short term: Recycling of solid waste and using it

Health care: Long term: Raise funds New schemes or concessions for bpl group Short term: Facilities such as public parks and gyms. Employment of staff including doctors, ward boys, etc Fees should be minimal to bpl group Hygienic place

Infrastructure: Long term: Control Migration, advanced technological equipment to be used for construction purpose Short term: Quality construction 4 long lasting Proper use of funds

The dream of a financial hub of the world is still a distant dream if only economic growth is paid heed and not the other matter which seriously need to be looked upon. With Sensex touching the 20,000 mark, Finance in this city of dreams is touching new heights. As future managers should pledge to give a special effort to the growth of this hub which grows not only financially but also with all the basic needs. Conclusion