Singapore to help India in 100 ‘Smart Cities’ project
India has join hands with Singapore to get its expertise in building ‘Smart Cities’ even as the two nations decided to ramp up economic engagement besides defence and security cooperation. Recently, India allocated over Rs 7,000 crore in its Budget 2014-15 for development of 100 ‘Smart Cities’.
The new Budget presented by Finance Minister Arun Jaitley enunciated the concept of ‘smart cities’ as satellite towns of larger ones and allocated a sum of Rs 7,060 crore for the ambitious project.
India is likely to benefit from Singapore’s expertise in smart cities, urban planning and water management strategies.