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Do we Need Smart or Wise Cities?

Do we Need Smart or Wise Cities?

The concept of Smart Cities has been rapidly rising, mainly due to the Internet, in the last two decades. Information and Communication Technologies (ICT) have been widely used in government, businesses, and private societies, etc.

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We foresee more investments by FIIs, foreign investors and NRIs

We foresee more investments by FIIs, foreign investors and NRIs

The government has expressed the vision of 'Housing for all' by 2022, so in that sense the budget showcases a long-term vision. We are hoping that the government should articulate action plans that would follow their expressed intent. It was vastly anticipated that the budget would arrive at correcting the market drawbacks as a whole.

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Bonding with the Best

Bonding with the Best

With 89 Smart Cities having initiated the credit rating process for municipal bonds, and instruments worth Rs.3,000 crore on the issue horizon, the fiscal future looks ideal for these prime urban spaces.

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Hartek Group bags PSPCL smart grid order for three upcoming Smart Cities

Hartek Group bags PSPCL smart grid order for three upcoming Smart Cities

Chandigarh-based Hartek Group, one of IndiaÂ’s fastest growing concerns catering to the power sector, has bagged a smart grid order from the Punjab State Power Corporation Ltd (PSPCL) for the supply, installation and commissioning of Supervisory Control and Data Acquisition (SCADA) relays at 55 substations in the upcoming Smart Cities of Ludhiana, Amritsar and Jalandhar.

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The Union Budget has a progressive outlook

The Union Budget has a progressive outlook

The Union Budget for fiscal 2018 has a progressive outlook and encourages investments with initiatives like affordable housing being given infrastructure status to avail new funding avenues. The Budget has expanded the scope for the capital and bond markets.

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SCC roundtable on technology modernisation for safer and smarter city

SCC roundtable on technology modernisation for safer and smarter city

With Prime Minister Narendra Modi’s vision of ‘Smart Cities’, the role of data and IT, especially video surveillance in enhancing security will become vital. Under the flagship “Safe City” project, the Union Ministry has proposed $333 million to make seven big cities—Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Bengaluru and Hyderabad—focus on technological advancement.

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With the conducive environment, investor confidence will go up

With the conducive environment, investor confidence will go up

Infrastructure is the backbone of any economy. But good infrastructure development needs good planning. Lack of planning is the biggest problem. China in comparison to India has shown better planning and flexibility while executing infrastructure projects. India has lagged behind due to its political system and populist outlook.