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The Socioeconomic Context of the Smart Cities Mission in India: Strategy to Build Infrastructure Countering Fiscal Deficit in a Mediating Position between the Economic and the Political Vicious Circles

  • Asia Review
  • Abbr : SNUACAR
  • 2021, 11(3), pp.199~242
  • Publisher : 아시아연구소
  • Research Area : Social Science > Social Science in general
  • Received : October 6, 2021
  • Accepted : November 30, 2021
  • Published : December 31, 2021

KANG, Sung Yong 1

1서울대학교

Accredited

ABSTRACT

The Smart Cities Mission (SCM) in India initiated by the Narendra Modi government in 2015 is to be understood and reviewed in the wide socioeconomic contexts of India. The SCM aims basically, in my judgement, to create the urgent living infrastructure mobilizing private capital, especially foreign direct investments. This could contribute to escape the vicious circle of financial deficit, the missing infrastructure, the weak manufacturing industry, and the lack of infrastructure investments. However, the indispensable land acquisition for the SCM reveals the high-cost structure in social decision-making in India and points out the reason of the stalled progress in the Mission. Leaving political slogans and technological ambiguities aside, the potential transformative power of the smart city and its limitations should be reviewed against the relevant historical background. It is suggested carefully that the financial deficit would be the most fundamental mediating loop between the economic vicious circle and the political chains of problems in India. It is the reason why not the one-off political events such as the demonetization in 2016, but the combination of persistent policies are required.

Citation status

* References for papers published after 2023 are currently being built.

This paper was written with support from the National Research Foundation of Korea.