PPP Partnership to meet smart cities investment: Venkaiah Naidu

PPP-Partnership-to-meet-smart-cities-investment:-NaiduPeople-Public-Private (PPP) Partnership to meet smart cities huge investment requirement says M Venkaiah Naidu, minister of urban development during smart city conference organized by Indian Chambers of Commerce.

Stating that innovative approaches are imperative for building smart cities, Naidu urged the corporates and investors to make a success of ‘People-Public-Private Partnership’ to meet the huge investment requirement.

Venkaiah Naidu has asserted that, “Smart Cities to be built seek to ensure socio-economic inclusivity besides promoting employment generation through increased economic opportunity by enhancing the ease of doing business and as such would benefit the poor the most.”

He also said that poor are the losers on account of weak urban planning and governance structures and smart cities seek to address these deficiencies.

The minister said that central government seeks to promote adoption of best practices followed elsewhere while evolving an India specific model.

He said that further to the experiences of implementation of JNNURM, the government is promoting a ‘bottom-up’ approach instead of ‘top-down’ approach by holding extensive stakeholders consultations with all the states and others.

Naidu said that while the central government can mostly do hand holding besides providing some assistance and foreign willing countries can provide technical assistance, the states and urban local bodies have to rise to the occasion of building smart cities through necessary initiatives.

Dr Nandita Chatterjee, secretary, Housing & Urban Poverty Alleviation said, “ICT would play a critical role in promoting smart practices, citizen participation and e- governance for better delivery of services.”

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