Smart City – Demand in Developing Countries

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  • AUTHOR – VINOD UNNI

Smart City means –  it is a signature provided to a city which incorporates information and communication technologies to enhance the quality and performance of urban services such as energy, transportation, and utilities in order to reduce resource consumption, wastage and overall costs. Thus when we talk about Smart City it also means an urban area which uses different types of electronic data collection sensors to supply information which is used to manage assets and resources efficiently. Therefore it may be more prepared to respond to challenges than one with a simple “transactional” relationship with its citizens.

                                              Smart City Components

Concepts and Importance of Smart City

The concept of smart city defies when investments in human and social capital and traditional (transport) and modern (ICT) communication infrastructure fuel sustainable economic development and a high quality of life with a wise management of natural resources through participatory action.

Smart Cities are really important because these will create strong values that steer a city positively towards a more balanced society without sacrificing economic growth.  Around 100 Smart cities are there in India currently which has been spent around 98,000 crores (US$ 15 billion).

                                               Smart City Framework

Features and Advantages of Smart City –

Five most important features to serve include as follows –

  1. Technology Driven Development. –
  2. E-governance and public participation in government
  3. Increased Mobility
  4. Safer and more livable neighbourhoods.
  5. Sustainability

Thus these five features also serve as an advantage for being a smart city.

Some of the advantages to mention include –

  1. Improved strategy for a long-term improving the infrastructure.
  2. Social development.
  3. Economic development.
  4. Environmental benefit.
  5. Economic Sustainability

Conclusion

The rising demand for smart cities in the currently not only impacts people’s lifestyle but also the economic growth of developing countries like India towards the other developed nations such as the US and UK etc. Thus the State and Central Government is very keen on providing sufficient funds in allocating the real estate and necessary infrastructure for building such Smart Cities and at a later point attracts more of foreign investors to invest in our country which increases the economy of the nation.

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