Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
  • SBI Life
  • DSP Mutual Fund
Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
you are here: HomeNewsIndia

Cities must identify revenue models based on infrastructure created under Smart Cities Mission: Goa CM Sawant

Sawant was addressing the Smart Cities CEOs conference on data and technology, which is currently underway in the state. "In Goa, we have the saying ’Swayampurna Goem’, which is related to the concept of ’atmanirbharta’ (self-reliance)," the chief minister said.

January 23, 2023 / 07:07 PM IST
Pramod Sawant, re- appointed as Goa CM.

Pramod Sawant, re- appointed as Goa CM.

Goa Chief Minister Pramod Sawant on Monday said all cities need to identify long-term revenue models based on the infrastructure, which is being created under the Smart Cities Mission.

Sawant was addressing the Smart Cities CEOs conference on data and technology, which is currently underway in the state. "In Goa, we have the saying ’Swayampurna Goem’, which is related to the concept of ’atmanirbharta’ (self-reliance)," the chief minister said.

There is a need for all cities to identify long-term revenue models based on the infrastructure that is being created under the Smart Cities Mission, he said. This will ensure self-sustainability of all smart cities once the mission has concluded and will help fund future endeavours of the special purpose vehicles (SPVs), Sawant said.

The Smart Cities Mission has covered a lot of ground, but smart cities need smart people as well. Universities, students, private and government institutions should be encouraged to actively participate in the process of eradicating the shortcomings and upgrading the system, he said.