Sanjeev Sanyal, Principal Economic Adviser, Ministry of Finance, Government of India, recently unveiled the 4th edition of the FICCI-PwC Strategy& India Manufacturing Barometer (IMB) survey, which as in previous years, reveals that India continues to remain an economic bright spot. As per the United Nations, the world economy expanded by only 2.2 per cent in 2016 — the slowest growth rate since the 2009 recession. The outlook for the Indian economy and its core sectors continues to remain upbeat
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Metro systems viable for large cities
Let me clarify that the term ´Smart City´ does not denote scale. We can have small Smart Cities and large Smart Cities, both successful. The Mass Rapid Transport System or MRTS is really meant for large cities which have the population and economic density to sustain such expensive infrastructure