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SMART CITIES

india inc

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Page 1: india inc

SMART CITIES

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KEY ELEMENTS The Prime Minister of India, Shri Narendra

Modi has a vision of developing 100 smart cities and by modernizing the existing mid-sized cities.

The government plans to identify 20 smart cities in 2015, 40 in 2016 and another 40 in 2017.

In this regard an allocation of ₹ 7,060 core was proposed in the Union Budget 2014. A total of ₹ 48,000 Corers will be spent on this project in a period of 5 Years by central govt.

First Year each Smart City will get ₹ 200 Cores following ₹ 100 Corers yearly for next 4 years

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In terms of infrastructure, the smart cities should have 24x7 availability of high quality utility services like water and power.

A robust transport system that emphasises on public transport is also a key element.

In social infrastructure, the cities should provide opportunities for jobs and livelihoods for its inhabitants.

The smart cities should also have proper facilities for entertainment and the safety and security of the people. State-of-the-art health and education facilities are also a must.

The smart cities should minimize waste by increasing energy efficiency and reducing water conservation. Proper recycling of waste materials must be done in such cities

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MERITIESMore social cohesion and sense of local

identity

Remoteness from the center leads to need for greater access

Potential for easier planning, approval, and funding decisions.

Stronger need to outsource extended capabilities.