India 2016 - Cities as Engines of Growth | Summary and Q&A

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October 18, 2016
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World Economic Forum
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India 2016 - Cities as Engines of Growth

TL;DR

Urbanization is on the rise, making cities the key to economic growth and development, and leaders need to focus on sustainable and inclusive urban planning to meet the challenges ahead.

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Key Insights

  • 👳 Urbanization is necessary for economic growth, and leaders need to embrace sustainable and inclusive urban planning to harness its potential.
  • 🏙️ The success of smart cities relies on the participation of citizens and the adoption of responsible behavior, such as keeping cities clean and following regulations.
  • 🏝️ Monetizing land values is crucial for funding infrastructure development in cities and achieving inclusive growth.
  • 🪡 The government needs to revamp public procurement processes to prioritize quality and innovation rather than just cost.
  • 🖐️ Technology plays a vital role in urbanization, enabling efficient governance, job creation, and sustainable infrastructure development.

Transcript

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Questions & Answers

Q: How is Mr. Naidu approaching the challenge of building a new city, Amravati?

Mr. Naidu is focusing on creating a greenfield capital city that benchmarks internationally, aiming to make it one of the top five cities in the world. He is leveraging technology, incorporating best institutions, hospitals, and infrastructure to make it an administrative and economic hub.

Q: How does Mr. Kant see the role of technology in urbanization and job creation?

Mr. Kant believes that technology is crucial for efficient governance and creating employment opportunities. He emphasizes the need to embed cities with public transportation, recycle waste and water, and learn from global models of sustainable urbanization.

Q: How can cities maintain a green tag and reduce pollution while promoting growth?

Mr. Kant suggests that cities need to prioritize sustainability by embedding public transportation, recycling waste and water, and learning from successful models like Singapore and Japan. He also highlights the importance of citizen responsibility in keeping cities clean.

Summary & Key Takeaways

  • Urbanization is inevitable, with two-thirds of the world's population expected to live in cities by 2050, providing both challenges and opportunities for economic growth.

  • The Chief Minister of Andhra Pradesh, Mr. Naidu, discusses his experience in building a new capital city, Amravati, and emphasizes the need for a holistic approach that caters to the needs of a young, ambitious, and connected demographic.

  • Mr. Amitabh Kant, CEO of NEETI-Aayog, highlights the importance of urbanization in driving economic growth and the need for sustainable and innovative urban planning models, citing successful examples from around the world.

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