Prøve GULL - Gratis
Smart Cities Need Smart Governing
Businessworld
|August 19, 2017
WAY BACK IN THE 1980s, M.J. Akbar, then founding - editor of The Telegraph , said only half in jest that Indians might soon need a visa to travel to Bombay.
Akbar is now Minister of State for External Affairs and Bombay is Mumbai. But the sentiment he expressed then still holds: Mumbai contributes around 35 per cent of tax revenue to the Indian treasury but gets a fraction of it in return to develop the city’s infrastructure. The problem of course isn’t just money. It’s governance.
The Brighan mumbai Municipal Corporation (BMC) is India’s wealthiest municipality with an annual budget larger than that of some states. And yet the city’s 22 million inhabitants receive appalling civic services from the BMC. The recent deaths of citizens due to potholes on Mumbai’s roads, building collapses and falling trees have brought into sharp focus the corruption that has made the BMC one of India’s most irresponsible municipalities.
It is run by the Shiv Sena but all local parties, including the BJP, NCP and Congress, are complicit. As a recent Times Now investigation revealed, road contractors pay up to 30 per cent of the price of road tenders as a bribe to a pyramid-like structure comprising BMC workers, corporators, MLAs and — at the top — senior party leaders. All get a cut, in ascending order.
Most cities across India suffer from similar problems though not on the same scale as Mumbai. Delhi is fortunate in having a city government with a large budget. An elected chief minister like Arvind Kejriwal, however unpopular he may be, ensures a modicum of accountability. Sheila Dikshit in her 15-year tenure as chief minister vastly improved Delhi’s infrastructure, including giving the city its excellent metro network.
Denne historien er fra August 19, 2017-utgaven av Businessworld.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Businessworld
BW Businessworld
GROWTH MOMENTUM & SOME MISSED OPPORTUNITIES
Budget creates the right trajectory for the real estate sector; however, there is still much room for improvement in the area of providing affordable housing
3 mins
February 07, 2026
BW Businessworld
STEEL SECTOR ON THE UPSWING
By linking regional development with industrial modernisation, the budget has laid a strong foundation for a long-term, transformative growth
3 mins
February 07, 2026
BW Businessworld
BUDGET BETS ON SPEED, STEEL & STRATEGIC DEPTH
NIRMALA Sitharaman's ninth Budget suggests that India believes the long taper is over and that a cautious takeoff has begun. For much of the past decade, criticism of India’s economic management followed a familiar script: a government that spoke the language of transformation but governed with the instincts of a caretaker, balancing a vast electorate's demands against the imperatives of long-term industrial growth.
4 mins
February 07, 2026
BW Businessworld
Central Bank Decides to Give Private Sector Driven Growth a Chance
IN ITS LATEST bi-monthly monetary policy review, the Monetary Policy Committee (MPC) of the Reserve Bank of India has once again chosen calm over drama, keeping the repurchase rate — better known as the repo rate — unchanged at 5.25 per cent. The decision, widely anticipated, suggests that the central bank is in no hurry to either slam the brakes or hit the accelerator as the economy navigates mixed global cues and a steady domestic demand.
1 min
February 07, 2026
BW Businessworld
REIMAGINING HIGHER EDUCATION TO BUILD ATMANIRBHAR BHARAT
Why skills, employability, and industry immersion must sit at the heart of India's education reform
2 mins
February 07, 2026
BW Businessworld
EXPENDITURE RESTRUCTURING FOR VIKSIT BHARAT
There is a need to emphasise fiscal consolidation in terms of achieving and sustaining a fiscal deficit level of 3 per cent of GDP as soon as possible
3 mins
February 07, 2026
BW Businessworld
WORK IN PROGRESS
A trade deal with the United States struck within days of a historic India-EU FTA, dramatically slashed tariffs on Indian exports. BW Businessworld attempts to scan the fine print of the much-awaited pact with India's largest trading partner
4 mins
February 07, 2026
BW Businessworld
The Indo-United States Trade Tightrope
THE JOINT STATEMENTS issued on 6 February and 7 February on India—United States trade ties promise momentum, market access and mutual goodwill.
1 min
February 07, 2026
BW Businessworld
Galgotias School Of Business Launches Advanced Stock Simulation Lab To Create Market-Ready Finance Professionals
As global financial markets grow more complex and technology-driven, business schools must go beyond theory to prepare students for real-world decision-making. Galgotias School of Business (GSB), Galgotias University, has taken a major leap in this direction with the launch of its new, state-of-the-art Stock Simulation Lab—giving students direct exposure to stock markets, IPOs and professional trading environments.
1 mins
February 07, 2026
BW Businessworld
STRENGTHENING INDIA'S GROWTH AGENDA
Anandani talks about a continuity-led budget that boosts confidence, revives consumption, strengthens infrastructure and healthcare, and sets the stage for resilient, competitive, long-term growth
2 mins
February 07, 2026
Translate
Change font size
