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Finance

Finance

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Karnal (Hr) – Haryana Chief Minister Manohar Lal Khattar said today that a sum of Rs 1,200 crore will be spent on the development of Karnal city, which has been selected by the Union government under the smart city project. Khattar said all entry routes to Karnal were being four- …
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Thane – Various works to the tune of Rs 700 crore were today approved by the Board of Directors constituted for the Thane Smart City Project. The works were approved in a meeting chaired by Board’s chairman Manu Srivastava. The Board has been constituted jointly by Thane Municipal Corporation and …
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Puducherry – Puducherry Chief Minister V Narayanasamy today said the Centre has earmarked Rs 109 crores to promote tourism projects under ‘Swadesh Darshan’ in the Union Territory. Addressing public on the occasion of the 63rd Liberation (De facto) day of Puducherry here, he said, “Tourism has been given priority by …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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. …