Q1
5 points
QUESTION 4:
Smart Cities Mission is an urban renewal and retrofitting program by the Government of
India with the mission to develop 100 cities across the country making them citizen friendly
and sustainable The Union Ministry of Urban Development is responsible for implementing
the mission in collaboration with the state governments of the respective cities. Cities will
be selected based on the Smart Cities challenge, where cities will compete in a countrywide
competition to obtain the benefits from this mission. It is a five-year program, where all of
the Indian states and Union territories are participating, except West Bengal, by nominating
at least one city for the Smart Cities challenge. Each city will create a corporate company,
headed by a full-time CEO, to implement the Smart Cities Mission. With the Government
announcing an outlay of around USD 8 billion for creating 100 smart cities many international
companies may express interest to collaborate with Indian companies and the Government
to build infrastructure, transportation, renewable energy and other Greenfield projects in the
country
Identify and explain the various dimensions of business environment being referred to
the in the above case.
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