Secured governance for india a techno economic corridor for growth
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India has a large population and land area but has yet to reach its full economic growth potential. Secured Governance would help by integrating different economic sectors in a coordinated way to ensure resources are available for capacity building. Secured Governance would develop techno-economic corridors centered around specific sectors like education, industry, tourism etc. that would act as hubs for growth, supported by secured townships providing infrastructure. This would strengthen interdependence between sectors and boost economic development through public-private partnerships and centralized project selection. Secured governance aims to diversify the economy, encourage civic involvement and regional development, generate revenue, and create jobs and businesses through self-sustaining sectors supporting each other.
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Financial Analysis of the Blue Economy: Sagarmala’s Case in PointCentre for Financial Accountability
Blue Economy and Sagarmala have all the ingredients of overoptimism and overcomplexity, poor execution, weakness in organizational design and capabilities, and challenges and potential bankruptcy. Most importantly, what could obviously derail the project is lack of participation of the communities who know their oceans the best.
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The Centre for Financial Accountability aims to strengthen and improve financial accountability within India by engaging in critical analysis, monitoring and critique of the role of financial institutions – national and international, and their impact on development, human rights and the environment, amongst other areas. For more information visit http://www.cenfa.org Get in touch with us at info@cenfa.org
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India has a population of over 1.2 billion people and aims to develop 200 techno-economic hubs across the country through public-private partnerships. Each hub will focus on a primary economic sector like agriculture, tourism, or transportation, and will include related infrastructure developments like housing, roads, utilities and education facilities. The hubs will be connected by economic corridors to promote interdependency between sectors and regional growth. The government plans to invest $2 billion over the next 2-3 years to attract $1 billion per hub on average from private sector sources.
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Secured governance for india a techno economic corridor for growth
- 1. “Secured Governance for India” A Techno Economic Corridor for Growth India is seventh-largest country by area, and the second-most populous country with over 1.2 billion population. But after being one of the largest growing economies and having abundance of quality manpower and other economic resources, we are yet to reach the desired growth parameters. We need Secured Governance to integrate economic interdependence in today’s modern societies which not only decreases uncertainty regarding where risks begin and end, but also help in judicious planning and development of new empowered, transparent and interdependent Governance systems with higher degree of society participation in nation building Process. Secured Governance is an ideal choice which equips to create adequate and coordinated measures to ensure the provision of financial, human, technical, information and other capacity building resources. “Secured Governance is the process to develop a techno Economic corridor which will Act as growth centre for individual sector with all other sectors playing supporting role for development and nation building process.”The very concept of “Secured’’ here implies a secured convergence or meeting with various sectors defining a growth for an economy. Secured Governance is a part of an effort to study and outline how a tighter integration various forms of growth oriented sectors such as Urban Development, Housing, Education, Industrial, Tourism, Power, Healthcare and other relative sectors for an economy. These sectors will be shouldered with Infrastructure development as well as operational fronts for some strategically defined locations which will result in dynamic change and boost in Economic Development. Sectorial Infrastructure will be developed on various Partnership models under the set guidelines, wherein projects will be called in and awarded contract through a centralized selection process for development of a defined “ HUB” for selected sectors. Development of a Defined HUB’s will be shouldered with development of “Secured Township” along the HUB’s in selected regions across the country defined as “Clusters” which includes infrastructures such as Residential complexes, Official and Industrial Facilities ,Power and Water, Banking ,Educational Institutes, Transport facilities and infrastructures , Healthcare, Hospitality Sectors, Retail Market, and many more). Development and Valuation of the “Secured Townships” with a proper Governance system the HUB’s across the country with minimal government Viability funding. “Secured HUB” will be dedicated to particular sectors with Secured Township supporting the financial and economic needs of the HUB. Conclusion :- Secured governance has major characteristics like participation, rule of law, transparency, and responsiveness, at each stage of its operations and in developing a robust education system in the country. With improved resource allocation, enhanced governance, Interdependency among sectors and transparency in the system going hand in hand with development and effective use of Information Technology and Innovation can deliver a safer, cleaner and more accountable delivery of self sustaining Education infrastructure and services. Secured Governance will :- Helps diversify and stabilize the economy and growth in various sectors; Encourages civic involvement and Industrialisation ; Encourages community and regional Tourism Development and increases Tourist Inflow; Generation of significant revenues in the Nation/state; Creates local employment and business opportunities; and Many more.. Self Sustainable sectors supported by other sectors.