Will smart cities project get a boost in Budget 2015-16?

Q: HI,
I need your opinion on Budget 2015-16.Do you think that this budget will boost the smart city project?

Sujan Mitra,

23rd February 2015

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Replies (9)

To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe".........

Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy.

Also, the track record of Public Private Partnership projects is at best mixed and when there would be multiple parties associated like the center, states, local bodies and private entities, the task would be even more challenging.

Dharmaja Patel, Mumbai

16th September 2015

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Hi folks!!!!
We all know that the government has recently identified 98 cities for the Smart City Project. And fund for 20 cities have been distributed. But funding for these projects and its execution will be a major challenge for companies. There is no doubt that this mission is expected to improve the quality of life for citizens of these cities. For government, the focus is on sustainable and inclusive development and the idea is to look at intensive areas and create a exemplary model.

Samrat,

16th September 2015

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@Samrat.....
But i think that it would be better if the Govt's focus on smaller number of cities first and then developing them as model for others going forward.

Under the mission, it will be operated as a centrally sponsored scheme and the center will give financial support to the limit of Rs 48000 crore over 5 yrs, which is on an average Rs 1000 crore per city per year. And an equal amount, on a matching basis, will have to be contributed by the state and urban local bodies.

bablu pathak,

16th September 2015

It's a good thought Bablu, if implement ......."Thoda Khaye But Achcha Khaye" .....Govt. should think over this policy first....

If we look at the list of cities which have been selected as smart city, many of them would already have annual municipal budgets running into multiple times of this figure. On the other hand, there are few states which have shown doubt for implementing the scheme and if there is not enough support from them in terms of funding and administrative help, it would be difficult to take this scheme to its reasonable result.

Samrat,

16th September 2015

Hi all,
It's really a good topic for discussion and what you express is also useful for the Smart Cities. There is no doubt that 2015 will see a huge boost in Smart Cities. The upcoming Budget is expected to focus on this subject. Already, the government is experimenting with the idea of Smart Cities, with the Gujarat International Finance Tec-City, the Smart City in Kochi in Kerala and with Japan's interest in turning Varanasi into a Smart City. Aurangabad, Ajmer and Visakhapatnam are also on the cards.

Sunil Sharma, Noida

27th February 2015

Comment

Well Gireesh,
The government has introduced metros and SEZs all across India, including Jaipur, Bhubaneswar, Khurda and Faridabad. Shared highways, proximity to airports and better infrastructure can result in all-round development. The government’s new policy, which involves compensating time lapses in project sign-offs, is a huge step forward.

Gireesh Hegde, Hyderabad

26th February 2015

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Hi Kanthibir,
What you explain is right but we don't forget that efficient water, electricity and waste management systems constitute the ‘smart’ in smart cities. Green buildings and energy efficient public utilities are equally important in a Smart City. Already, the DDA in Delhi is giving benefits for people constructing and purchasing green buildings and apartments.

Gireesh Hegde, Hyderabad

25th February 2015

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Hi everybody,
At the same time superior technology is the biggest strength and required of a smart city. Scalable technologies that can manage traffic, public transport, water distribution and waste disposal are much needed in a Smart City.

Soundarya G S, Bangalore

24th February 2015

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Thanks Veena,
Some of the factors that will give a huge shot in the arm to Smart Cities this year include: Affordable housing, Superior technology, Waste management systems, Infrastructure and development etc.

In which Smart Cities is the most important purpose of a smart city. Indian cities are filled, with excessive housing prices, overvalued property and crowding. Smart Cities can make affordable housing a reality. Availability of urban land is constrained in the major cities.

Ananya,

23rd February 2015

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You are right Ananya,
Smart Cities can address the huge gap of affordable housing in the country. Indian cities have a shortage of at least 1.8 crore houses, according to the Technical Group study on Urban Housing shortage 2012. It is silly to expect the quality of a Smart City like Singapore in India. However, it is important to make the best use of what we already have. Using sensors to manage water, constructing smart homes and ensuring a better quality of life in a streamlined, smart manner is essential.

Veena K,

23rd February 2015

Hello Veena!!!!
Earlier we have seen that the government is involving different stakeholders, local authorities and even international investors and collaborators. In fact, the government is basing its model of Smart Cities on places like Singapore and Barcelona. Ultimately, the focus should be on finding key satellite townships in India and working to their strengths.

Ananya,

23rd February 2015

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@Veena,
The Idea of Smart Cities entails the bringing up of integrated townships, which can catalyst growth and be mutually beneficial with central business districts. Geographical proximity to CBDs nake sure that resources can be shared and yet, efficient mass transit systems can reduce the burden of distances. A person can get into large distances for employment in a short span of time. Superior physical and infrastructure go a long way in making Smart Cities superior.

Veena K,

23rd February 2015

Hi Sujan,
There is no doubt that 2015 will be the year of Smart Cities and kick-starting inclusive growth through these cities, all across the board in the country. Already in 2014, the government completed the identification of the proposed integrated townships, preferably two in every state, and the upcoming Budget will see the announcement of these plans.

Veena K,

23rd February 2015

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