1) Mumbai aims to become a world-class city but is facing issues like overburdened transport, proliferation of slums, and declining industries.
2) The government is taking initiatives like forming task forces and developing long-term strategies to transform Mumbai through improving transport and civic infrastructure and promoting economic growth.
3) A key focus area is resettling and rehabilitating over 500,000 slum dwellers affected by projects like MUTP and MUIP. The government has developed policies for providing housing, basic amenities, and livelihood support to resettled communities.