NITI Aayog Releases Report on "S.A.F.E. Accommodation: Worker Housing for Manufacturing Growth"

Current Context: NITI Aayog recently released a report titled "S.A.F.E. Accommodation: Worker Housing for Manufacturing Growth".

• The report emphasizes the importance of Secure, Affordable, Flexible, and Efficient (S.A.F.E.) accommodations for industrial workers to boost India's manufacturing sector.
• Key points from the report include:
• Public-Private Partnership (PPP) Model: The initiative will be executed under a PPP model with Viability Gap Funding (VGF) support and commitments from anchor industries.
• Regulatory Reforms: The report suggests reclassifying land near manufacturing units as residential and providing GST exemptions for qualifying accommodations.
• Workforce Strategy: Addressing housing challenges is crucial for achieving India's long-term vision of becoming a global manufacturing hub under initiatives like Make in India and Atmanirbhar Bharat.
• The goal is to elevate the manufacturing sector's contribution to GDP from 17% to 25% by 2047.

Question:

1 What does the acronym S.A.F.E. stand for in the context of NITI Aayog's report on worker housing?

• A) Sustainable, Affordable, Flexible, Efficient
• B) Secure, Affordable, Flexible, Economical
• C) Safe, Affordable, Flexible, Economical
• D) Secure, Affordable, Flexible, Efficient

Answer: D) The report emphasizes the need for Secure, Affordable, Flexible, and Efficient (S.A.F.E.) accommodations for industrial workers to boost India's manufacturing growth.