A policy framework to make smart cities greener can enable stakeholders to participate in the creation of sustainable urban areas. Explain (200 Words)
Refer - Financial Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
· The 15th Finance Commission and several academics have emphasised the crucial importance of sound property taxation.
· Property tax is also progressive in its incidence and thus the poor in urban areas would benefit the most.
· Financing of urban infrastructure could be made more viable and vibrant, when (1) predictable urban local body (ULB) revenues, (2) capacity building, and (3) creating innovative products.
· A large part of the change is expected to come from reduction in use of energy by improving heating and cooling systems and upgrading electrical appliances.
· The use of price as an incentive (or disincentive) has strong economic rationale. The law uses the terminology of fines for buildings, green fund.
· Many city-based customers are now receiving offers from their electricity providers to pay a small premium for getting green power delivered to them.
· Indian cities have struggled to collect property taxes as earlier Economic Surveys have documented and as the incentive scheme announced by the PM attests.
· This will require building up credible capacity within the ULB to identify, measure, bill, and collect the amounts.
· Coupling this initiative with an incentive to move towards greening their society can help reduce the carbon content of the grid and emissions of the city.
ANIL KUMAR RAM 3 years
Please review
IAS Parliament 3 years
Good attempt. Keep Writing.
Abdul hakkim 3 years
Please review mam/sir
Thanks
IAS Parliament 3 years
Try to provide specific examples and cut short way forward part. Keep Writing.
ANIL KUMAR RAM 3 years
Please review
IAS Parliament 3 years
Try to post the answer. Keep Writing.
