SMART CITY INITIATIVES AND ECONOMIC GROWTH IN INDIA: AN EMPIRICAL ANALYSIS

Arshima Khan (), Sabyasachi Tripathi and Jyoti Chandiramani ()
Additional contact information
Arshima Khan: Symbiosis School of Economics, SB Road, Pune – 411004
Jyoti Chandiramani: Professor and Director, Symbiosis School of Economics, SB Road, Pune – 411004

Sustainable Regional Development Scientific Journal, 2024, vol. I, issue 2, 41-56

Abstract: In developing countries, cities are vying with each other to improve their infrastructure to attract business activities and become more efficient, effective, and sustainable. Against this backdrop, the 'Smart City Mission' is one of the flagship Indian government initiatives started in 2015. In order to provide people with a high-quality living, smart cities are the latest urban conceptions. It is the idea of combining different technologies to create sustainable and intelligent practices. However, the quantitative assessment of this initiative on urbanization in India is very limited. In this study, we assess the impact of smart city projects on urbanization, which is measured by city population size and city gross domestic product. The results show that the mission has a mixed effect on urbanization. Though it increases the size of the city's population, it does not promote city income. Therefore, implementing a smart city mission has to be done in the hinterland area along with the core area of a city. Finally, it discusses the challenges faced and their potential solutions. The results suggest several policies for making urbanization a success and making India a developed country.

Keywords: Smart City Mission; infrastructure; economic growth; development (search for similar items in EconPapers)
JEL-codes: C10 I31 R11 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.srdsjournal.eu/articles/files/2024-2-4.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bfb:srdjou:2024-10_4

Access Statistics for this article

More articles in Sustainable Regional Development Scientific Journal from Sustainable Regional Development Scientific Journal
Bibliographic data for series maintained by Filip Ruxho ().