PM Modi right in focusing on smart cities.
Giving thumbs up to Modi government’s focus on developing smart cities, Michael Bloomberg, UN Secretary General’s Special Envoy for Cities & Climate Change on Monday said, “From my experience, he (PM Modi) is absolutely correct to make cities a central focus of his work.”
“The more India invests in sustainable cities, the stronger its economy will grow,” Bloomberg said. Giving a special address at RE-INVEST 2015, Bloomberg said, “Prime Minister Modi is showing that confronting climate change goes hand-in-hand with smart economic growth.”
Bloomberg urged both India’s private sector and foreign investors to continue developing and investing in the clean energy market which create “knowledge-intensive jobs and support the nation’s goals”.
Power Minister Piyush Goyal assured that the government will make sure that the investments in India will be protected and encouraged. He said for a new investment destination the prerequisite is an atmosphere which makes to do business easier, consistency in policies, bankable contracts and prevalence of rule of law in the country.
Goyal sought to assure investors that though the government is pro-poor, it understands the problems of business and will act as a facilitator.