Modi’s Smart CityA Buyers Dream

Smart City

What is Smart City? A developed urban area that create sustainable economic

development & high quality of life by excelling in multiple key

areas ; Economic , Mobility , Environment , People , Living &

Govt. excelling in these key areas can be done so through

strong human capital ,social capital and/or ICT infrastructure

Smart City Concept

Smart City BudgetIn the 2014-15 Budget Session, the Finance Minister of India Mr. Arun Jaitely is allotted the 7,060 Crores of Rupees for the 100 Smart Cities. The Indian Prime Minister Mr. Narendra Modi is going to develop the 100 Smart Cities as Satellite Towns of Larger Cities by modernizing the present Cities.

Smart parkingIntelligent transport systemTele-careTraffic managementSmart gridsSmart urban lightingWaste managementSmart city maintenanceSmart taxiDigital-signage.

Features of Smart City:

•Provide basic infrastructure.

•Quality of life.

•Clean and sustainable environment.

•Apply Smart Solutions.

•Set examples to be replicated both within and outside the

Smart City and catalyze the creation of similar Smart Cities.

Objectives of Smart City:

•Small portion of ICT in new city development.

•Technology changes too fast

•Too many stakeholders

Challenges of Smart City:

•The city selection process is based on the idea of Cooperative and Competitive

Federalism.

•Cities are diverse - Each city has to construct its idea and vision of a smart city

that is aligned to its local context.

•The city selection process follows a Challenge method - two stages, in

conjunct, to select cities.

•Stage – I : Intra-State city selection on objective criteria to identify cities to

compete in stage-II.

•Stage – II: All India competition to select smart cities for multiple rounds of

selection.

Smart City Selection Process:

•Start the ‘within state’ competition. •Finalize the entities that will assist the state from • empaneled list of consulting firms, or • appoint a consulting firm outside the panel as per State financial

rules or • use a handholding agency - bilateral /Multilateral (e.g. World Bank,

DFID, UN Habitat, ADB). •Once list of shortlisted Smart Cities is finalized Rs. 2 crore will be disbursed to each city for proposal preparation. •Plan ahead, the states will have stipulated number of days after finalization of first list of potential Smart Cities, to prepare proposals.

To Do List:

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