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Rs. 50,000 crore earmarked for 100 smart cities: Naidu

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ec.europa.eu

New Delhi: Union minister M. Venkaiah Naidu on Saturday said that Rs.50,000 crore have been earmarked by the government to develop 100 smart cities in the country, adding that each selected city would get central assistance of Rs.100 crore per year for five years.

Venkaiah Naidu- Photo Credit: www.oneindia.com
Venkaiah Naidu- Photo Credit: www.oneindia.com

Naidu, the union urban development minister, was speaking at an international seminar on sustainable and inclusive urban development organized by NITI (National Institute for Transforming India) Aayog, the Institute for Human Development (IHD), and Department of Urban and Regional Planning of the University of Florida here.

“Special emphasis will be given to citizen participation while developing these smart cities. To recast the urban landscape of the country and make lives of urban people comfortable is the need of the hour.”

He added: “Sustainable and inclusive urban development is the main focus of the government and there is a need to go for reforms in a big way.”

“Good urban life also requires housing, office space, and good transportation. Biggest challenge in the country has been one of creating space for cities and availability of land,” NITI Aayog Vice Chairman Arvind Panagariya said at the event.

(IANS)

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84% Indians Hope to Retain Their Jobs Despite Automation: WEF

Indians see automation, but hopeful of keeping jobs

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Indians jobs
Although majority of Indians think their jobs would be automated in the next 10 years, 84 per cent hope to retain their jobs. (Representational Image) Pixabay

Although majority of Indians think their jobs would be automated in the next 10 years, 84 per cent hope to retain their jobs, supported by their skills, according to a report by World Economic Forum (WEF) and Ipsos.

India tops the list in terms of expectation of jobs automation, as around 71 per cent respondents expect their jobs to be automated. Saudi Arabia comes second with 56 per cent respondents expecting jobs getting automated, and in China 55 per cent respondents feel the same.

“Interestingly, 84 per cent of urban Indians polled are confident of keeping their jobs, using the skills they possess. The survey also shows across all markets, Indians are most confident, followed by the Netherlands (83 per cent) and the US (82 per cent),” the report said.

Indians jobs
Indians realise while automation is likely they know it will act as an enabler to improve efficiencies in deliverability. Pixabay

The markets least confident of holding onto their jobs in the face of automation, include Japan (23 per cent), South Korea (33 per cent) and Russia (50 per cent).

Also Read- Smartphone Giant Vivo To Introduce iQOO Premium Phone in India Next Month

Commenting on the survey, Parijat Chakraborty of Ipsos India said, “Indian job market is hierarchy driven, promotions are skills and performance-led. Indians realise while automation is likely they know it will act as an enabler to improve efficiencies in deliverability; human intellect, skill-sets and capital will still be needed to get the job done.” (IANS)

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