Article by Dr. Uday Salunkhe, Group Director - Welingkar Institute of Management
Recently the Union Cabinet has cleared a project to develop 100 smart cities across India and revitalise another 500 in the country, with a budget running to approximately Rs 1 lakh crore over a period of five years. While Rs 48,000 crore has been allowed for the Smart Cities Mission, a sum of Rs 50,000 crore has been sanctioned for Atal Mission for Rejuvenation and Urban Transformation of 500 cities — also called Amrut — that could subsequently lead to cities becoming smart subsequently.
But what is a smart city?
Like most universal concepts, the concept of smart cities has diverse connotations for different audiences. One definition by Caragliu and Nijkamp (2009) says that "A city can be defined as ‘smart’ 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 and engagement."
For their definition, Frost & Sullivan (2014) maintains that "We identified eight key aspects that define a Smart City: smart governance, smart energy, smart building, smart mobility, smart infrastructure, smart technology, smart healthcare and smart citizen," which is very similar to the definition by Institute of Electrical and Electronics Engineers’ Smart Cities Council, Washington, USA.
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