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Funding and Execution Challenges Seems to Slow Down the 100 Smart City Project

News:

Funding and execution will be a huge challenge for companies under the centre's ambitious smart city project, according to a study.

Source - ET

SNP Insights:

With a dip in PPP investment, funding challenge for the SC project has grown northbound. This seems to questions the timely execution of the project which is anticipated to be completed by 2022. The only way out could be improving the existing business model and making the investment environment attractive, which may be initiated by Government, local bodies and privatre entities to foster PPP to attract more funds.

Source - SNP Infra Research