PRESS RELEASE 06, APRIL, 2014 India at the forefront of rapid urban expansion! In order to improve the quality of life and the various infrastructures in the cities, the Ministry of Urban Development, Government of India introduced the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), which involves a total investment plan of more than $20 billion over a period of seven years. The scheme was named after the first Prime Minister of India, Dr. Jawaharlal Nehru. This program is mainly to cater to the improvements on quality of life and infrastructure in various cities across the country. A recent article in Times of India reports, The Nagpur Municipal Corporation has started the process of getting projects for the city under Jawaharlal Nehru National Urban Renewal Mission-II. It will be the second City Development Plan (CDP) and is to be submitted to the central government under its capacity building for urban development project (CBUD). The civic body organized a two-day workshop on "Revised City Development Plan for Nagpur," for stake holders to discuss effective implementation of CBUD which covered various core areas like urban infrastructure services; urban planning and urban poor; municipal finance, governance and local economy; and heritage and urban environment. The said project has been initiated by the ministry of urban development, government of India. The twenty first century will witness an urban revolution in the developing world. India will be at the fore front of this urban revolution. It will provide a unique opportunity to the country to accelerate economic growth and reduce clustering of firms, households and institutions in cities, says Prasanna K. Mohanty in his recent book Cities and Public Policy published by SAGE Publications The book recognizes the central role of cities in catalysing growth and generating public finance for economic development. Urbanization will perhaps be the single most important policy concern for national, provincial, and local government in these countries. If managed properly, it will be a powerful instrument to improve the lives of millions of poor and marginalized. If neglected, it will lead to disastrous consequences. To convert the urban challenges into opportunities, policy makers and planners need to understand the economics of cities and the phenomenon of agglomeration externalities.