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Smart City Initiatives And Economic Growth In India: An Empirical Analysis

Author

Listed:
  • Arshima Khan

    (Symbiosis School of Economics, SB Road, Pune – 411004)

  • Sabyasachi Tripathi

    (Associate Professor, Symbiosis School of Economics, SB Road, Pune – 411004)

  • Jyoti Chandiramani

    (Professor and Director, Symbiosis School of Economics, SB Road, Pune – 411004)

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.

Suggested Citation

  • Arshima Khan & Sabyasachi Tripathi & Jyoti Chandiramani, 2024. "Smart City Initiatives And Economic Growth In India: An Empirical Analysis," Sustainable Regional Development Scientific Journal, Sustainable Regional Development Scientific Journal, vol. 0(2), pages 41-56, October.
    • Handle: RePEc:bfb:srdjou:2024-10_4
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    References listed on IDEAS

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    More about this item

    Keywords

    Smart City Mission; infrastructure; economic growth; development;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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