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Home Banking & Finance

Tenders: Rs.50,000Cr Smart projects

Fiinews by Fiinews
June 21, 2018
in Banking & Finance, Economy, Investment, Projects, Technology, Tenders
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In-situ slum development for migration

Smart Cities Mission Logo

Projects worth Rs.50,000 crore would be tendered under the Smart Cities Mission by December 2018, said Hardeep Singh Puri, Minister of State for Housing and Urban Development.

Many of the 99 identified cities have selected project management consultants and set up special purpose vehicles, he added.

Puri pointed out that usage of technologies would help to bring in behavioural change in the people, including for cleanliness.

In-situ slum development is being targeted to address migration, he pointed out.

The Minister said nine cities have developed Integrated Command and Control Centres and 23 others are under development. The development of these centres would bring huge data that would enable smart decisions.

Puri highlighted two challenges, namely, skill upgradation at the lowest level, and the requirements of the Fourth Industrial Revolution.

He was addressing the 6th Growth Net Summit organized by Ananta Center, Confederation of Indian Industry (CII) and Smadja & Smadja in New Delhi held 18 June 2018. fii-news.com

Tags: Hardeep Singh PuriMinister of State for Housing and Urban Development.
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