We need to be careful about accepting public-private partnerships and technology as the panacea for all ills.
Prime Minister Narendra Modi has a mission to make our cities ‘smart’. The jury is still out on what makes smart, but speed, efficiency and optimisation enabled through superior governance and technology, and financed through monetisation of assets and publicprivate partnership are suggested by the Smart Cities Mission. As an inspirational call for citizens to take pride in and participate in community building, it has been marketed well and has ensured enthusiastic participation of competing cities in the Smart City Challenge.
Indian cities have problems of a magnitude and complexity that defy conventional solutions. The experience with the models of urban development we have implemented in the past is that they have failed us spectacularly. This is an out-of-the-box idea that attempts to break the logjam created by antiquated systems, low capital and skills available with the government. As an angel investor, the government only seeds the initial capital and allows for what are essentially competing business plans with the best socioeconomic sustainability to take over the mandate of city building. It’s a hands-off-model with low resource investment and potentially high rewards to accrue in a limited time.
The competitive nature of the challenge can spark innovative thinking in urban design and adoption of best practices can grow through the network of individual test bed cities. Designing from first principles and stitching new scalable models of development that can be emulated is the promise implicit in the process. The focus on technology creates an opportunity to leapfrog to better means without going through the whole developmental curve.
この記事は Forbes India の April 14, 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Forbes India の April 14, 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet