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Publication Date
2018-10
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© 2018 Elsevier Ltd. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0/)
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openAccess
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2018-06-10
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Arora_SCS.pdf
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Abstract
The paper examines the level of financial development of the initial twenty shortlisted smart cities in India. Results of the study revealed high inter?state and intra?state inequality, as the cities with high FSI values and those with low FSI values are both located in the developed western and southern states. A similar mixed picture emerges even for the less developed low?income states such as Madhya Pradesh. The study also highlighted large inter?state variations across the smart cities in financial development. For a holistic approach to smart city development, a vibrant and developed financial sector is required.
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Accepted manuscript
Citation
Arora RU (2018) Financial sector development and smart cities: The Indian case. Sustainable Cities and Society. 42: 52-58.
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Article