As an immediate response to COVID-19, several smart cities leveraged smart solutions and facilities that were implemented as part of the 100 smart cities programme. Deloitte, in its recent report, “India Smart Cities’ COVID-19 Response”, highlights that the tactical use of Integrated Command and Control Centres (ICCCs), coupled with data analysis seen to have enabled effective governance and administration to control COVID-19 and put in place a disaster response and recovery strategy.
The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.
On this 74th Independence Day, economies world over seem to be in the throes of a crisis. Britain has announced that it has slipped into a deep recession. All global economies are set to contract into negative territories.