‘Market meets the City’, a conference on urbanization was organised by ISB’s Bharti Institute of Public Policy and Punj Lloyd Institute of Infrastructure Management on March 16, 2013 at ISB’s Mohali Campus. The conference brought together the administrators, academicians, urban local body officials and the industry to discuss issues arising due to the fast pace of urbanization in India. It specifically focused on the issues that come under the ambit of public policy and management like business strategy for providing urban services, urban governance and policy making and financing challenges of municipalities.
ULBs are mostly self-funding bodies from taxes etc. with limited or no support from state/central governments. At present, ULBs are grappling with resource gap - may it be monetary, expertise, personnel, and not to mention governance issues in order to meet the demand and expectation of the urban population. The conference tried to look at ULBs not just as public bodies which deliver services to the cities and towns they administer within the limited reach of their resources and expertise, but, also as a market where the administration creates market for the provision of services that they provide which will improve service delivery and self sufficiency of the ULBs.
In keeping with the Bharti Institute’s character of being a public policy school within a business school, the overarching idea of the conference was to bridge the gap between policy makers and industry so as to work in a partnership towards creating better cities