Latest Articles in special purpose vehicle

‘Financially Independent Cities Will Be More Welfare Oriented’

City governance is a complex system. The governance framework at the city level must be in sync with the with the culture, heritage, economy, competitiveness and institutions. That is the reason just constituting special purpose vehicle is not enough for the success of the Smart Cities in India. D. Dhanuraj, Chairman of Centre for Public Policy Re-search (CPPR), a think tank dedicated to research on current economic, social, and political issues, in conversation with Chahat Jain of BW SmartCities talks about the city governance, the need for financial and administrative autonomy of the cities and the various transportation models, which are required for the success of Smart Cities in India. An edited excerpt:

Read More

Bhubaneswar Smart City Project To Have Rs 250 cr Paid Up Capital

BMC chairman Kishan Kumar said the SPV would have around 19 officers and staff from among whom 6 officers would be on whole time deputation and 13 would be recruited from open market

Read More

Ambition versus Achievement

Can India implement Prime Minister Narendra Modi’s visionary urban development programmes? The answer lies in building capacities

Read More

Railways, Maha govt to set up SPV for railway infrastructure

Maharashtra Railway Infrastructure Development Corporation (MRIDC), a special purpose vehicle, will be set up to provide a boost to the railway infrastructure projects in the state

Read More

Smart Municipalities for Smart Cities

The entire approach and philosophy underlying the governance and management aspects of the recently-announced Mission should aim at strengthening local governance systems instead of weakening them

Read More