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World Dynamic City 2019

The City Momentum Index of JLL which identifies World Dynamic Cities has been released by the property consultant JLL.

About the Index

The City Momentum Index of JLL measures momentum for 131 of the world’s most commercially active cities by tracking a range of socio-economic and commercial real estate indicators over a three-year period to identify the urban economies and real estate markets undergoing the most rapid expansion.

The Index measures short-term momentum over a three-year horizon and identifies urban economies and real estate markets which are currently undergoing significant rapid growth.

World Dynamic Cities 2019

The standings of the various cities under the 2019 survey are listed below:

Top 10 Cities

  • Silicon Valley of India, Bengaluru has emerged as the world’s most dynamic city among 131 major established and emerging business hubs globally.
  • The Second place is occupied by Hyderabad.
  • Other Indian cities which featured in the top 20 list are Delhi (4th), Pune (5th), Chennai (7th) and Kolkata (20th).
  • 19 of the top 20 cities from are from the Asia Pacific. This showcases the region’s rapid urbanisation and strong economic growth.

The Index notes that implementation of reforms such as RERA and GST with a focus on improving infrastructure and improving ease of doing business has brought in more transparency in the real estate sector and has given a strong impetus to the sector. As a result, India is receiving greater interest from foreign real estate investors who are seeking to tap into the countries favourable growth dynamics.

Month: Categories: International Current Affairs 2018UPSC Current Affairs - 2019

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Pune to have Traffic Robot on its Roads

The Traffic Police Department of Pune is looking at a futuristic model to maintain traffic flow and spread awareness about the traffic rules.

Roadeo

The traffic police authorities of Pune are planning to introduce a robot named ‘Roadeo’ which would move around city roads, functioning as a quasi-traffic policeman and cautioning commuters about traffic rules and offences.

Roadeo consists of 16-inch LED display to showcase traffic rules and other important messages such as ‘Wear a helmet’, ‘Do not jump the signal’ and others. The Hands of the Roadeo is also engineered to move and show stop signs to vehicles. Roadeo is also equipped with a siren, skid-steering wheels and obstacle-detection sensors.

It is a first of its kind initiative in the entire country. If this pilot project turns out to be successful it would go a long way in easing the traffic management burden and reducing the workload of overburdened policemen.

The Robot “Roadeo” is developed by SP Robotics Maker Lab, a Pune based laboratory that trains people to learn about robotics and build tech themselves.

Month: Categories: Science and Technology Current Affairs - 2018UPSC Current Affairs - 2019

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