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Infrastructure: The growth catalyst of Indian economy

Infrastructure: The growth catalyst of Indian economy

Investment in infra serves as a catalyst to foster economic development Investing in infrastructure generates a robust multiplier impact through multiple avenues. As India takes giant strides towards sustainable and inclusive growth, the significance of investment in infrastructure development serving as a vital catalyst for fostering economic development is inevitable, writes Sandeep Upadhyay, MD – Infrastructure...

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How the ₹10 trillion capex will power rail, road & urban infra

How the ₹10 trillion capex will power rail, road & urban infra

Pratap Padode, Founder, FIRST Construction Council decodes what the finance minister has planned for infrastructure and development. Finance Minister Nirmala Sitharaman continued the thrust on infrastructure as she announced a capital expenditure outlay of ₹10 trillion for the financial year 2023-24. This would be a 33% increase from the CAPEX allocation announced in the previous...

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The Road to Inclusive Development

The Road to Inclusive Development

A smart city is not only about cutting-edge technology, gadgets guiding your lifestyle or using ICT (Information and Communications Technology) but also to string together a man-machine interaction that will drive our socio-economic engagement in the society.

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Greenfield cities to compete with existing urban centres

Greenfield cities to compete with existing urban centres

Nirup Jayanth, Managing Director, Jurong Consultants (India) & Surbana Jurong Group, Singapore, opines that in a greenfiled city, flexibility and dynamism can be added to infrastructure development, by building in a modular and incremental manner with a cluster-based approach.

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Smart Cities: Financing Challenges

Smart Cities: Financing Challenges

In the next five years, special purpose vehicles (SPVs) will be spending around Rs.1,631 billion on projects conceived under area-based development and Rs.388 billion on pan-city development.

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Smart area assessment

Smart area assessment

When will my city become smart? This is the question that I am sought to respond to very often. The name 'Smart Cities Mission' should be renamed 'Smart Area Mission' as no city under smart cities will turn smart as per the funding provided under the mission but only an area will receive focused attention in its transformation.

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