India to spend S$818 million to develop first 20 Smart Cities
NEW DELHI – India’s government will provide 40 billion rupees (S$818 million) to upgrade the infrastructure of the first 20 cities selected under Prime Minister Narendra Modi’s smart cities program, according to a statement from the Ministry of Urban Development on Saturday (Feb 20).
Indian Prime Minister Narendra Modi. AP file photo
NEW DELHI – India’s government will provide 40 billion rupees (S$818 million) to upgrade the infrastructure of the first 20 cities selected under Prime Minister Narendra Modi’s smart cities program, according to a statement from the Ministry of Urban Development on Saturday (Feb 20).
Six cities – Jabalpur, Indore and Bhopal in the central state of Madhya Pradesh, and Jaipur and Udaipur in the state of Rajasthan – have set up special purpose vehicles to implement the government’s plan to promote digital and information technology and best practices in urban planning.
This is the first phase of the government’s plan to convert 100 cities in the country by 2020 to so-called smart cities as a push toward improving quality of life through urbanisation. India will invest more than 500 billion rupees in the drive over the next five years. BLOOMBERG
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