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Latest Articles in special purpose vehicles

Smart Planning Drives Smart Cities

The ‘smart’ city planning goes much beyond the infrastructure. Municipal bodies and planners work very closely through the Special Purpose Vehicle (SPV).

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‘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:

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J&K Orders constitution of SPV'S for Smart Cities

According to the order the Registered Office of Jammu Smart City Limited shall be headquartered at Jammu Municipal Corporation, Town Hall, Jammu and that of Srinagar Smart City Limited at Srinagar Municipal Corporation, Karan Nagar, Srinagar.

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