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Slums And The Price Of Insecurity

The price of insecure tenure is proving to be much too high and is being borne not only by the slum inhabitants, but also the broader society and economy. It is time to stop viewing slum households as the problem, and start recognising the untapped potential. For example, a simplistic calculation implies there is potential for at least Rs 3,000 crore of tax revenues for municipal governments if the tenure rights of the slum households can be formally recognised.