Posts In Category

Finance

Finance

Capture

Dharamshala: The man who was booked for claiming to be agent of a cabinet minister and duping a business man from Panchkula (Haryana), had promised the victim Rs 14.50 crore project out of Rs 900 crore budget under Smart City Project of the state, for which the accused had demanded …
BL15_P6_SHIP_3193255d

HYDERABAD, OCT 7: The Andhra Pradesh Government is set to form a special purpose vehicle (SPV) Amaravati Smart City Corporation Limited for the implementation of the smart city project. This comes in the backdrop of the Union Ministry of Urban Development selecting Amaravati city project under the Smart City initiative of …
kakinada_9502

Kakinada: Smart City Mission Chief Executive Officer SujayArun on Saturdaysaid under the Smart Cities Mission, the Union government has sanctioned Rs 388 crore for Kakinada for various works inthe first phase. City MLA VanamadiVenkateswara Rao chaired the meeting along with Mayor Pavani and Commissioner Aleem Basha. Speaking on the occasion, …
download (2)

BENGALURU, SEPTEMBER 21: The Government’s 100 smart cities mission seeks to invest over $15 billion in the next few years to build efficient and effective city management solutions and infrastructure. At the two-day India Advantage Summit, MV Rajeev Gowda, Member of Parliament, told a gathering that in moving towards the …
funds

Report highlights challenges for public sector in encouraging private investment into smart city technologies. Lights from cars on a road Private sector appetite to invest in smart city technology – Photo credit: Fotolia City governments should consider launching focused municipal bonds to fund smart city infrastructure, according to a new …
financing

Global business consultancy Deloitte has advocated a threefold approach, including incentives to private sector backers, to financing smart city initiatives. Deloitte smart city report coverIn a new briefing paper from its Centre for Government Insights, it says there is a need for new partnership models for smart cities that reallocate …
Raipur-SmartCity-1

For decades, Indian cities with their overburdened infrastructure have received little or no attention, mainly because the political vote base lay outside Urban India. This despite the fact that by 2030 Urban India would contribute to 70 percent of India’s GDP and new jobs, as highlighted by a McKinsey report. …
00331033-79151a3f0dc591baa541c2dd1719c05d-arc614x376-w285-us1

A United Arab Emirates based firm, Cheikh Rakadh Group, has committed to invest $50 million (about Rwf41 billion) in the recently launched Rwanda Smart City Master Plan. The agreement, signed during the just-concluded Transform Africa Summit in Kigali, aims at financing the implementation of the Kigali Smart City MasterPlan. The …
pilot

More federal funding should go toward the development of smart city pilot projects, U.S. Rep. Suzan DelBene says. “I think because there is something for everyone for every type of community out there. We have to use our resources effectively and I think that [smart city technology] is one place …
mobik

Indian mobile wallet major MobiKwik on Monday announced its association with Bhopal Plus, part of Bhopal Smart City initiative as a step towards the national Smart Cities Mission. The tie-up will enable residents of Bhopal in paying taxes and bills for utility services such as electricity and water, digitally. Bhopal …