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SMART TODAY SMARTER TOMORROW
On-street
parking should
be more
expensive
than off-street
parking. This
is necessary
to deter and
discourage
on-street
are essentially pricing out families argued for taking into
relying on public transport from consideration the externalities parking
cities. Even investments in public accompanying parking laws. By
transportation cannot fully undo proposing a fee-based model
the negative effects of these rules. of parking, the NUTP sought to
A study from 2012 found that encourage a move away from price for the real estate and
mandatory parking minimums in the traditional free-parking operational costs of their parking
New York city induced residents to incentives showered upon car spots to the owners. This requires
drive more in private cars, even for owners in Indian cities. In order more effective enforcement
trips to areas well served by public to make owners internalize the of parking rules by cities in
transport. costs of driving private vehicles, it addition to more transparent and
The National Urban Transport is incumbent upon Indian cities to effective collection mechanisms
Policy (NUTP) of 2006 similarly charge at least the basic market for parking fees.
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