A charismatic leader and a youth icon for many, Nara Lokesh, Cabinet Minister for Information Technology, Panchayati Raj and Rural Development, Andhra Pradesh has taken the state on an unprecedented developmental path. Taking to Chahat Jain and Manish Arora of BW Smart Cities, the minister talks about leveraging technology and supporting young entrepreneurs as a key to push the Government’s development agenda and guarantee a quality life to the rural population.
When it comes to source of financing, most of the smart city plans envisage around 70 per cent of the total outlay to be funded by the Central and State Government, either through the Smart City Mission or through convergence schemes like AMRUT, Swachh Bharat etc.
Headed for smart city mission, the public-private partnership (PPP) is critical among the possible business models. A successful PPP model needs a close coordination between state governments, civic bodies and the private players.