Associate Professor, Dept. of Business Management, Vaageswari College of Engineering, Karimnagar
Smart cities have been recently very important for emerging market with enormous potential, which is expected to drive the digital economy forward in the coming soon. With the advent of proposed Smart Cities for the issues like limited resource, population growth and climatic changes which will help India achieving the holistic development of the economy by achieving economic feasibility and sustainable growth through integration of design and technology. Due to development of smart cities there is possibility to provide number of employment opportunities so in this there is scope for increase the standard of living of the people. The proposed structure for smart cities will address the four fundamental areas as organizational, social, infrastructure and economic aspects. The ICT solutions for a smart environment are in the focus of many research initiatives in Europe. This paper focuses on real effectiveness of the present proposal in future urban environment, and what are its advantages & disadvantages effects on the society.
Digital economy, Fundamental areas of organization, urban environment
