Swati Saxena, Founder and CEO of 4Thoughts Finance says,"The government has announced setting up 12 new industrial smart cities. It is a great initiative. Right now youth is targeting jobs in the top six cities. These kinds of initiatives will help them get a job in their own city. The cost of living is low in these cities compared to big cities, which can help them save some money that can be used to invest in real estate and other directions."
#SwatiSaxena #4thoughtsfinance #smartcities #modigovernment #costofliving
#SwatiSaxena #4thoughtsfinance #smartcities #modigovernment #costofliving
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00:00Government has announced setting up of 12 cities, smart industrial cities with an expenditure
00:06of 28,000 crore.
00:08We feel it's a great initiative.
00:10It will lead to a balanced infrastructure development across the country which is now
00:14being stationed only in the 6 super cities as we all know.
00:18It will also lead for a balanced distribution of demographics across the country.
00:26Right now the youth is targeting jobs only in the top 6 cities where a job exists.
00:30This kind of initiative will help them get a job in their own town and they may walk
00:35to work as the government has rightly said.
00:37There will be lot of purchasing power which will be created in these cities.
00:41The cost of living is comparatively going to be low in these cities as compared to the
00:46bigger ones.
00:47Hence the money can be saved and used to invest in real estate in other directions.
00:53We also feel that such initiative will lead to decluttering of infrastructure mess which
00:59is being created in the bigger cities right now.
01:01If we are targeting a 5 trillion dollar economy target piggybacking on only the 5-6 cities
01:10which we are doing right now is not the right direction.
01:14May be initiatives like these will help us to achieve that 5 trillion dollar economy
01:19much faster than ever.