Table of Contents
Why do countries focus on smart cities?
Smart cities should serve the people and improve living conditions for all. The main objective of this flagship programme is to make urban digital transformation work for the benefits of all, driving sustainability, inclusivity and prosperity and the realization of human rights in cities and human settlements.
Does India need more cities?
The burden on existing cities and its infrastructure cannot be sustained for long. India badly needs 25 more big mega cities to house its millions of over flowing urban population. According to the census data and various research papers, India shall house its 66\% of the population in Urban Centers.
Why is the rate of economic development in India so low?
The rate of savings and investment is also less. This contributes to the lower rate of economic development in the country. India’s industrial economy is gathering momentum on the back of improved output of eight core sector industries – coal, crude oil, refining, steel, cement, natural gas, fertilizers and electricity.
Why is India’s tax system getting more skewed?
The differential treatment of the two classes of taxpayers is not unique to India, but the large and widening gap in tax liability between the two is. With passing years, the system is getting more skewed. In the last 15 years, the number of people filing tax returns has grown four times faster than the number of taxpayers.
Is Indian economy trapped in the vicious circle of poverty?
Economy is trapped in the Vicious Circle of Poverty: Prof. Ragner Nurkes says that ‘a country is poor because it is poor’. It means poor countries are trapped in the vicious circle of poverty. Use of Outdated Technology: It is very clear that Indian production technique is more labour oriented in nature.
Why are India’s income taxpayers uncared for?
One possible reason income taxpayers are uncared for is that they don’t matter as voters. Only 7\% of Indian voters pay income tax. In Norway, 100\% and in the US 70\% voters are income taxpayers.