Fourth regional conference on futuristic, resilient and digital infrastructure begins

The fourth regional conference on futuristic, resilient and digital infrastructure began in Bengaluru on May 3, 2018.

The conference is being organised by the Union Ministry of Finance in collaboration with the Confederation of Indian Industry (CII) and Research and Information System for Developing Countries (RIS).

Key Highlights

• The 2-day event is a lead-up to the 3rd Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), which will be hosted by the Union Government from June 25-26 in Mumbai.

• The conference saw eminent delegates representing partner institutions, academia, civil society organizations and experts from various fields expressing their views on how to bring about institutional approaches for futuristic and digital infrastructure in India.

• The first day of the conference saw deliberations by eminent speakers on state of institutional approaches for futuristic, resilient and digital infrastructure, resilient infrastructure and disaster preparedness, future of mobility and multi-modal transportation and global regimes and industry implications for domestic capacity among others.

Why is there a need for resilient infrastructure?

• Infrastructure plays a very important role in a city’s resilience.

• A proper early warning system can help reduce the number of casualties during natural disasters like tsunami.

• Infrastructure does not only include just roads, power lines and bus services but also potency to overcome natural calamities and man-made disasters.

Infrastructure- a major driver of economy?

• The infrastructure sector is responsible for catapulting overall development of the country.

• The Union Government has taken a lot of initiatives for infrastructure development in India like the Sagar Mala project, Bharat Mala, Defense Corridor, Delhi–Mumbai Industrial Corridor, the Mysore – Chennai infrastructure corridor, Smart City and citizen linked digital schemes.

• However, futuristic and inclusive infrastructure is required to tackle fast changing geo-climatic conditions, development gaps among the vulnerable, adverse implications of the resource-intense development process, the severity of pollution and climate change.

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