100 Smart City Project And AMRUT (Urban Transformation Of 500 Cities) Is A Promising Initiative

"We welcome the decision of the Union Cabinet which cleared the 100 Smart City Project and Atal Mission for Rejuvenation and Urban Transformation of 500 cities (AMRUT) with combined outlay of approx. Rs 1 lakh crore. It will give urban renewal a new lease of life. While we wait for more details to emerge, the willingness shown by countries like Japan, Singapore, Spain, the USA etc. has put a lot of onus on both the Central and State Governments to work on details related to selection of cities, execution, funding besides State and Central assistance, role of private sectors and more importantly timelines to finish the projects. With increasing urbanization, it is extremely important for the Government to work on strengthening existing infrastructure in these cities and make them self-sustainable and environmental friendly with smart mobility so that urbanization and migration doesn’t put pressure on only a few cities and each develop into independent growth and employment generating centres and become better places to live."

Mohit Goel | CEO, Omaxe Limited