Professional Documents
Culture Documents
on
By
2006263043
Asst. Professor
Department of Management
at
DECLARATION
Study of operations of various financial aspects in the development of Rourkela Smart City.
I declare
(a)That the work presented for assessment in this Summer Internship Report is my own, that it has
not previously been presented for another assessment and that my debts (for words, data,
arguments and ideas) have been appropriately acknowledged
(b)That the work conforms to the guidelines for presentation and style set out in the relevant
documentation.
Date:
Ashok Kumar Rout
2006263043
MBA Batch of 2020
INTERNSHIP CERTIFICATE
PREFACE
In the present fast
moving globalize
economy, only
theoretical knowledge is
not sufficient
foe an individual to
perform efficiently to
bridge the gap between
theory and practical.
marketing, finance,
human resource or
information technology.
Summer internship
program is a prelude to
the final placements
that the students will
be
getting. It is during these
5 weeks of exposure to
the industry that the
students can make a
mark of challenging work,
knowledge and ethics on
the host organization.
Summer internship
program would also be
a great learning
experience since it
enables the
students to apply theory
to practice and observe
and learn the current
trends in the market.
company especially
Amin
Marg branch deals with
sales and service
distribution.
I, dharmadipsinhgohil, a
student of second year
M.B.A, ATMIYA institute of
technology &
science Rajkot, did my
project work in “The axis
bank’ on the topic
“comparative analysis of
products & services of
axis bank”
PREFACE
So, to have a practical exposure, I have been placed on “Rourkela Smart City
Limited” for my summer internship program as my specialization is Finance.
I, Shri Ashok Kumar Rout, a student of third year M.B.A., DR. AMBEDKAR
MEMORIAL INSTITUTE OF IT & MANAGEMENT SCIENCE, did my Project
work in “Rourkela Smart City Limited” on the topic “Study of operation of various
financial aspects in the development of Rourkela Smart City”.
ACKNOWLEDGEMENT
An undertaking of work life - this is never an outcome of a single person; rather it bears the
imprints of a number of people who directly or indirectly helped me in completing the present
study. I would be failing in my duties if I don't say a word of thanks to all those who made my
training period educative and pleasurable one. I am thankful to ROURKELA SMART CITY
LIMITED, ROURKELA for giving me an opportunity to do summer training in the company.
First of all, I am extremely grateful to Mr. Una Prakash Chandra Patro(Chief Financial
Officer) for his guidance, encouragement and tutelage during the course of the internship despite
his extremely busy schedule. My very special thanks to him for giving me the opportunity to do
this project and for his support throughout as a mentor.
I must also thank my faculty guide Miss Seema Rani Giri (Asst. Professor, DAMITS) for
her continuous support, mellow criticism and able directional guidance during the project.
I would also like to thank all the respondents for giving their precious time and relevant
information and experience, I required, without which the Project would have been incomplete.
Finally I would like to thank all lecturers, friends and my family for their kind support and
to all who have directly or indirectly helped me in preparing this project report. And at last I am
thankful to all divine light and my parents, who kept my motivation and zest for knowledge always
high through the tides of time.
CONTENT
06 CHAPTER -06
6.1 Conclusion
6.2 Recommendation
07 BIBLIOGRAPHY
08 APPENDIX – A QUESTIONNAIRE TOOL
List of Graphs
1 Analysis of estimated cost…………………………………………………………….40
List of Diagrams
1 Index preference of investors………………………………………………………………..42
CHAPTER:01
1.1 INTRODUCTION
Rourkela Smart City Limited (RSCL) is a Special Purpose Vehicle (SPV) created with
representation from all major stakeholders from the city of Rourkela, as per the Government of
India’s Smart City guidelines. This SPV is responsible for the implementation of projects under the
smart city mission. This SPV shall carry end to end responsibility for vendor selection,
implementation, and operationalization of various smart city projects. City has been selected as
smart city in the third phase of smart city list in September 2016. The objective is to promote city
that provide core infrastructure and give a decent quality of life to its citizens, a clean and
sustainable environment and apply ‘smart solutions’. Central Water Commission has its sub-
divisional headquarters near Panposh.
The city becomes a sport hub with many stadiums and few sports academy in and around.
The The two stadiums are Biju Patnaik Hockey Stadium, with synthetic Astro Turf built by SAIL
and Ispat Stadium that consist of a basketball ground, a chess hall, and a well-maintained
volleyball ground nearby as well. The indoor stadium at Sector-20 hosts the badminton and Table
Tennis events. The number of Academy in the city has produced many nationally and
internationally acclaimed Hockey players. The Ispat stadium and a number of game specific
facilities from Odisha Govt. and SAIL have played a key role in honing the talents of the
youngsters. India's former captains DilipTirkey, Ignace Tirkey and Prabodh Tirkey, deep defender
Lazarus Barla started their careers in Rourkela. Rourkela has special hockey hostels for kids,
upbringing the next generation players with some of the best amenities. It has produced a few
Arjuna Awardees, including Minati Mohapatra. Olympians of repute like Paralympian Roshan and
Rachita Mistry are from this city. Former hockey player and 1972 Summer Olympics Bronze
medal winner, Michael Kindo, also happens to be a current resident of the city. Indian national
cricketer Sanjay Raul and the Under-19 world cup representative Chandrakant Barik play from this
city. Pabitra Mohan Mohanty, the former national 'B' champion in chess and second only to
Viswanathan Anand in national 'A' category is a resident of this city.
Rourkela has an international hockey stadium with synthetic astroturf which has been host
to World Junior Hockey Championship and been a training centre to most of the international
Hockey players of India. Ispat Stadium has been host for several Ranji Trophy matches and youth
ODIs. The city has produced many reputed Ranji players in the recent times. RSP does promote
various different sports like – Cycling, Boxing, Archery, Soccer and lots more.
The 2023 Men's FIH Hockey World Cup will be the 15th edition of the Men's FIH
Hockey World Cup, the quadrennial world championship for men's national field hockey teams
organized by the International Hockey Federation. It will be held at the Kalinga Stadium in
Bhubaneswar and at the under-construction 20,000 seat Birsa Munda International Hockey
Stadium in Rourkela, India from 13 to 29 January 2023.
The main goal of a smart city is to optimize city functions and promote
economic growth while also improving the quality of life for citizens by
using smart technologies and data analysis. The value lies in how this
technology is used rather than simply how much technology is available.
The success of a smart city relies on the relationship between the public
and private sectors as much of the work to create and maintain a data-
driven environment falls outside the local government remit. For example,
smart surveillance cameras may need input and technology from several
companies.
Aside from the technology used by a smart city, there is also the need for
data analysts to assess the information provided by the smart city systems
so that any problems can be addressed and improvements found.
It is just because of the increasing number of smart cities that have established
the suppliers from energy, transport, buildings, and government sectors are moving
into the smart city market, while many Startups are in process to address a wide
range of emerging opportunities in this same field.
Discussing about sources from lorakart.com the global smart cities technology
market is presently expected to grow from $8.8 billion annually in 2014 to more than
$27.5 billion by 2023. According to this report, The leading players in this market
not only have the capacity to provide perfect leadership on large-scale projects by
fulfilling the various requirements of these Smart Cities, but also they are delivering
the smart infrastructure, IT, and smart communications solutions to these cities,
which are supporting cities across the multiple operational and infrastructure
problems, and also having established the global presence.”
This kind of reports examine the perfect strategies and the execution of the 16
different leading smart city suppliers with good capacity to provide the leadership on
very large-scale smart city projects and spanning over multiple operational and
service areas. These smart city projects suppliers are rated always on 10 different
criteria: vision, go-to-market strategy, partners, product strategy, geographic reach,
market share, sales and marketing, product performance and features, product
integration, and staying power. We can say there are some small vendors are able to
deliver technology to Smart Cities market.
CHAPTER: 02
Rourkela Smart City Limited is incorporated as a Public Limited Company on dated 21st
December 2016 , Pursuant to sub-section (2) of section 7 of the Companies Act, 2013 and rule 8 of
the Companies (Incorporation) Rules, 2014 under the Companies Act, 2013 (with CIN of the
company U74999OR2016PLC026168) as per the guidelines of the Smart City Mission Scheme of
Govt. of India for ensuring the development of Rourkela as a compact city with proper planning
and design having proper water supply, electricity supply, IT connectivity, waste management ,
public transportation, temporary shelter and giving emphasis social development in the area of
culture, education, health, safety and air quality.
The major Shareholding of the company has been derived as per the SPV Guidelines of the Smart
City Mission of Government of India and accordingly Government of Odisha ( Ministry of H &
UD) , Rourkela Municipal Corporation and Rourkela Development Authority are the Shareholders
with holding Share with 45 %, 45% and 10% accordingly .
As part of the Smart City Proposal, the city of Rourkela has set its vision for Smart City as follows
2.2 HISTORY
Rourkela Smart City Limited's operating revenues range is INR 1 cr - 100 cr for the
financial year ending on 31 March, 2019. It's EBITDA has decreased by -39.51 % over the
previous year. At the same time, it's book networth has decreased by 0.00 %. Other performance
and liquidity ratios are available here.
The last reported AGM (Annual General Meeting) of Rourkela Smart City Limited, per our
records, was held on 31 December, 2020. Also, as per our records, its last balance sheet was
prepared for the period ending on 31 March, 2020.
CITY LIBRARY BUILDING (1ST & 2ND FLOOR) UDIT NAGAR, ROURKELA, Sundargarh,
Orissa.
CHAPTER - 03
Combining automation, machine learning and the IoT is allowing for the adoption of smart city
technologies for a variety of applications. For example, smart parking can help drivers find a
parking space and also allow for digital payment.
Another example would be smart traffic management to monitor traffic flows and optimize traffic
lights to reduce congestion, while ride-sharing services can also be managed by a smart city
infrastructure.
Smart city features can also include energy conservation and environmental efficiencies, such as
streetlights that dim when the roads are empty. Such smart grid technologies can improve
everything from operations to maintenance and planning to power supplies.
Smart city initiatives can also be used to combat climate change and air pollution as well as waste
management and sanitation via internet-enabled rubbish collection, bins and fleet management
systems.
Aside from services, smart cities allow for the provision of safety measures such as monitoring
areas of high crime or using sensors to enable an early warning for incidents like floods, landslides,
hurricanes or droughts.
Smart buildings can also offer real-time space management or structural health monitoring and
feedback to determine when repairs are necessary. Citizens can also access this system to notify
officials of any problems, such as potholes, while sensors can also monitor infrastructure problems
such as leaks in water pipes.
In addition, smart city technology can improve the efficiency of manufacturing, urban farming,
energy use, and more.
Smart cities can connect all manner of services to provide joined up solutions for citizens.
Smart cities follow four steps to improve the quality of life and enable economic growth through a
network of connected IoT devices and other technologies. These steps are as follows:
2. Analysis – The data is analysed to gain insights into the operation of city services and operations
3. Communication – The results of the data analysis are communicated to decision makers
4. Action – Action is taken to improve operations, manage assets and improve the quality of city
life for the residents
The ICT framework brings together real time data from connected assets, objects and machines to
improve decision making. However, in addition, citizens are able to engage and interact with smart
city ecosystems through mobile devices and connected vehicles and buildings. By pairing devices
with data and the infrastructure of the city, it is possible to cut costs, improve sustainability and
streamline factors such as energy distribution and refuse collection, as well as offering reduced
traffic congestion, and improve air quality.
54% of the world’s population live in cities and this is expected to rise to 66% by 2050, adding a
further 2.5 billion people to the urban population over the next three decades. With this expected
population growth there comes a need to manage environmental, social and economic
sustainability of resources.
Smart cities allow citizens and local government authorities to work together to launch initiatives
and use smart technologies to manage assets and resources in the growing urban environment.
A smart city should provide an urban environment that delivers a high quality of life to residents
while also generating economic growth. This means delivering a suite of joined-up services to
citizens with reduced infrastructure costs.
This becomes increasingly important in the light of the future population growth in urban areas,
where more efficient use of infrastructure and assets will be required. Smart city services and
applications will allow for these improvements which will lead to a higher quality of life for
citizens.
Smart city improvements also provide new value from existing infrastructure while creating new
revenue streams and operational efficiencies to help save money for governments and citizens
alike.
Sustainability is an important aspect of smart cities as they seek to improve efficiencies in urban
areas and improve citizen welfare. Cities offer many environmental advantages, such as smaller
geographical footprints, but they also have some negative impacts, including the use of fossil fuels
to power them. However, smart technologies could help alleviate these negative effects, such as
through the implementation of an electric transport system to reduce emissions. Electric
vehicles could also help to regulate the frequency of the electric grid while not in use.
Such sustainable transport options should also see a reduction in the number of cars in urban areas
as autonomous vehicles are expected to reduce the need for car ownership amongst the population.
Creating such sustainable solutions could deliver environmental and societal benefits.
For all of the benefits offered by smart cities, there are also challenges to overcome. These include
government officials allowing widespread participation from citizens. There is also a need for the
private and public sectors to align with residents so that everyone can positively contribute to the
community.
Smart city projects need to be transparent and available to citizens via an open data portal or
mobile app. This allows residents to engage with the data and complete personal tasks like paying
bills, finding efficient transportation options and assessing energy consumption in the home.
This all requires a solid and secure system of data collection and storage to prevent hacking or
misuse. Smart city data also needs to be anonymized to prevent privacy issues from arising.
The largest challenge is quite probably that of connectivity, with thousands or even millions of IoT
devices needing to connect and work in unison. This will allow services to be joined up and
ongoing improvements to be made as demand increases.
Technology aside, smart cities also need to account for social factors that provide a cultural fabric
that is attractive to residents and offer a sense of place. This is particularly important for those
cities that are being created from the ground up and need to attract residents.
Smart cities offer plenty of benefits to improve citizen safety, such as connected surveillance
systems, intelligent roadways and public safety monitoring, but what about protecting the smart
cities themselves?
There is a need to ensure smart cities are protected from cyber attacks, hacking and data theft while
also making sure the data that is reported is accurate.
In order to manage the security of smart cities there is a need to implement measures such as
physical data vaults, resilient authentication management and ID solutions. Citizens need to trust
the security of smart cities which means government, private sector enterprise, software
developers, device manufacturers, energy providers and network service managers need to work
together to deliver integrated solutions with core security objectives. These core security objectives
can be broken down as follows:
1. Availability – Data needs to be available in real time with reliable access in order to make
sure it performs its function in monitoring the various parts of the smart city infrastructure
2. Inegrity – The data must not only be readily available, but it must also be accurate. This
also means safeguarding against manipulation from outside
3. Confidentiality – Sensitive data needs to be kept confidential and safe from unauthorised
access. This may mean the use of firewalls or the anonymising of data
4. Accountability – System users need to be accountable for their actions and interaction with
sensitive data systems. Users logs should record who is accessing the information to ensure
accountability should there be any problems
Legislation is already being put in place in different nations, such as the IoT Cybersecurity
Improvement Act in the United States to help determine and establish minimum security
requirements for connected devices in smart cities.
Examples
Cities across the world are in different stages of smart technology development and
implementation. However, there are several who are ahead of the curve, leading the path to
creating fully smart cities. These include:
Barcelona, Spain
Columbus, Ohio, USA
Dubai, United Arab Emirates
Hong Kong, China
Kansas City, Missouri, USA
London, England
Melbourne, Australia
New York City, New York, USA
Reykjavik, Iceland
San Diego, California, USA
Singapore
Tokyo, Japan
Toronto, Canada
Vienna, Austria
The city state of Singapore is considered to be one of the front-runners in the race to creating fully
smart cities, with IoT cameras monitoring the cleanliness of public spaces, crowd density and the
movement of registered vehicles. Singapore also has systems to monitor energy use, waste
management and water use in real time. In addition, there is autonomous vehicle testing and a
monitoring system to ensure the health and wellbeing of senior citizens.
Elsewhere, Smart City has introduced smart streetlights, interactive kiosks and over numbers of
blocks of free Wi-Fi. Parking space details, traffic flow measurement and pedestrian hotpots are
also all available to residents via the city's data visualization app.
San Diego, meanwhile, has installed 3,200 smart sensors to optimize traffic flow and parking as
well as enhancing public safety and environmental awareness. Electric vehicles are supported by
solar-to-electric charging stations and connected cameras monitor for traffic problems and crime.
Traffic monitoring systems are also in place in Dubai, which has telemedicine and smart healthcare
solutions as well as smart buildings, utilities, education and tourism options. Barcelona also has
smart transportation systems with bus stops offering free Wi-Fi and USB charging ports, along
with a bike-sharing programme and a smart parking app including online payment options.
Temperature, pollution and noise are also measured using sensors that also cover humidity and
rainfall.
Technology
Technical Products to be get installed in the city.
NOC (network operations center) system to be gets installed in the City.
The NOC Will get control of all the access part and helps to monitor and diagnose security
related issues
The Deloitte Global series on funding and financing smart cities offers research and guiding
principles for creative alternatives to traditional infrastructure financing models, based on the
experiences of government officials, industry leaders, and our own professionals who have actively
facilitated smart cities funding for clients.
Smart cities are a new concept with new technologies. Attracting investors requires a
comprehensive strategic plan that clearly communicates the opportunity and presents a robust
business model, a creative approach to funding and financing—new sources of revenue, new
business models for recovery and value capture—and innovative financing structures for investors.
We recommend that you explore our series starting with "The challenge of paying for smart cities"
followed by articles of particular interest to you.
For private sector and institutional investors, developing economies present significant
challenges, including political, regulatory, macroeconomic, business, and technical risks.
International development organizations (IDOs)—multilateral development banks, development
finance institutions, bilateral donors—can offer developing economies critical support and risk
mitigation through low-interest loans, equity investments, credit guarantees, and technical
assistance.
Many cities are exploring ways to upgrade infrastructure with smart technologies, but paying for
these projects presents a significant challenge: Introducing smart technologies on a wide-scale
basis. Read more about ways increase the odds of success on large-scale smart cities projects by
exploring the full range of options for funding, financing, and procurement.
The alliance approach the alliance approach is a creative financing model based on forming
partnerships, procuring products and services, and providing governance to realize the promise
of smart cities. The model enables governments to develop new partnership ecosystems and
conduct flexible procurements, allowing municipalities to quickly test and deploy smart cities
solutions first and then scale up solutions that provide real benefits.
This article examines creative ways municipalities are using private and non-profit participation
to advance their smart cities agendas. We also distill lessons learned to help other cash-strapped
cities overcome funding and financing barriers and move forward on smart cities projects.
3.2.6 Getting smart about financing smart cities: Start with these three steps
Cities ready for major infrastructure reinvestment and modernization can embrace smart cities to
become more secure, safe, resilient, and globally competitive. By championing smart cities,
government finance officers can play a key role in urban reinvestment and modernization, using
fiscal policy, public-private partnership, and performance-based revenue models to enable the
transformation to smart cities.
Explore ideas from trusted leaders with extensive experience and diverse perspectives on
leadership, strategy, business operations, innovation, and emerging capabilities.
CEO
Manager F & A
3.4 INITIATIVES
Smart traffic management designed to reduce commute times and alleviate congestion.
Smart parking programs that identify open spaces on a mobile phone app.
Smart city street lighting that conserves energy by dimming when lights are not needed.
Smart building technology that reduces energy consumption through closer monitoring of
HVAC, lighting and security systems.
Smart grid and smart water management programs that deliver energy more effectively and
cost-efficiently.
Smart waste management technology that lets sanitation crews know when bins need to be
emptied.
Visual surveillance that helps law enforcement identify and apprehend criminals.
Wearable police cameras that improve transparency.
Monitoring of critical infrastructure, climate and real-time conditions throughout the city to
improve public safety, to flag potential issues and to support first responders.
When first implementing smart city initiatives, many municipalities understandably begin
with specific technology that can address pressing problems in specific needs. But to reap the
most benefit from their investment, truly smart cities begin their journey to smart technology
with an overarching plan for developing a unified smart city infrastructure .
What can infrastructure do for smart city initiatives?
When cities implement individual smart technology initiatives without a unifying
infrastructure, the results are less than ideal. Ownership and oversight of various smart city
initiatives is fractured among different departments. Individual technologies may not integrate
easily, preventing the free flow of data throughout city government. Each department will
have its own relationship with solution providers and will likely need to implement its own
infrastructure, creating costly redundancy.
Alternately, when smart cities have the foresight to implement underlying infrastructure
before individual technologies, they can accelerate transformation while saving time, money
and effort. Integration and management of various smart city initiatives is easier, and the data
developed by one smart city program could be fully utilized to benefit others.
The infrastructure required by smart city initiatives typically includes:
Sensors and smart cities IoT devices that collect data from a myriad of sources from smart
traffic,smart energy, smart monitoring and smart building technology.
A high-performance network that can handle and transmit vast amounts of data.
A software analytics platform that aggregates data and extracts actionable intelligence.
User interfaces that present vital information to residents, businesses and city employees.
While no single vendor can provide all the elements of the technology stack for smart city
initiatives, Spectrum Enterprise offers cities a powerful network and access to a vendor
ecosystem that can dramatically simplify management of smart city technology.
Spectrum Enterprise: infrastructure solutions for smart city initiatives
Spectrum Enterprise is one of the nation’s largest providers of connectivity solutions to
enterprises, institutions and governments, including many existing smart cities. With more
than 840,000 miles of digital network infrastructure, Spectrum Enterprise is already ideally
positioned to provide critical infrastructure for smart city initiatives. Spectrum will invest
another $25 billion over five years to add additional capacity and to serve additional
communities.
Spectrum Enterprise enables smart cities to thrive with infrastructure solutions that include:
A two-way, fully interactive digital network that powers smart city initiatives with
symmetrical speeds of up to 100 Gbps.
One of the country’s largest LTE cellular networks.
Fiber Internet Access for homes and businesses that provide gigabit connection speeds.
More than 350,000 WiFi hotspots throughout the U.S. which will soon be capable of
delivering wireless speeds of up to 1 Gbps.
Partnerships with smart technology and smart infrastructure vendors that enable cities to
work with a single vendor ecosystem, simplifying management of smart city initiatives.
CHAPTER - 04
1. Introduction
Rourkela is the 3rd largest city of Odisha after Bhubaneswar and Cuttack, located
in Sundargarh district with a population of around 4.83 lakh as per the Census of
India, 2011. The city is surrounded by a range of hills and encircled by Koel and
Sankha rivers which meet at Vedvyas, and flow as a single river called Brahmani.
In terms of connectivity, Rourkela is well connected through rail network with
other parts of the country. Also, the city is likely to have air connectivity with
select cities including Bhubaneswar and Kolkata shortly.
Rourkela is one of the 99 smart cities selected under the Smart City Challenge in
September, 2016 by Ministry of Housing and Urban Affairs. As mentioned in the
SCP, the city has set its vision as follows:
The entire SWM value chain, encompassing primary collection of waste from
respective households to the disposal of waste, is managed by Rourkela Municipal
Corporation (RMC). A mapping of the existing value chain across the city is
presented below.
Key issues impeding effective Solid Waste Management in the city include:
Limited number of compactors resulting in mechanical loading of garbage at
only 50% of the garbage depots with Bins
Inadequate information related to occupancy of waste in community bins with
Sanitary Inspectors/ Supervisors results in increased incidence of overflowing
of waste
Absence of any mechanism to monitor lifting of waste by the waste collection
vehicles from the designated bins
Absence of any tracking of the quantum of waste disposed at the dump yard/
landfill site to enable transparency in vendor payment
Limited monitoring of the field staff engaged in SWM on a daily basis.
Absence of construction waste management to segregate construction waste
from the general solid waste
In order to address these issues, the proposed ICT related interventions related
to the Solid Waste Management are detailed in the subsequent sections.
3. Project Objective
In order to ensure time-bound and effective service delivery of solid waste
processes across the city of Rourkela, intelligent SWM system has been envisaged
as part of the smart city proposal. It involves implementation of ICT based
interventions in the existing value chain of the SWM from its secondary collection
till its disposal on the landfill site.
Key smart solutions/ modules proposed as part of the intelligent Solid Waste
Management system in the city are as follows:
Bin Tracking and Transit Management Module: It shall help in ensuring (a)
real- time tracking of waste collection vehicles deployed and (b) monitoring of
lifting of waste from respective community bins by the vehicles
Billing & Collection Management Module: It shall facilitate (a) effective
billing through generation of demand note for vendor billing as per the weight
of the waste disposed on the landfill site and (b) collection associated with
solid waste management
Attendance Module: The Attendance Module would facilitate efficient
monitoring of the presence of field staff engaged in SWM activities. It shall
enable field staff to register their attendance / presence throughout the day,
periodically track the location (with time stamping) of the staff, and
subsequently its integration with payroll process.
Grievance Redressal and Monitoring Module: This module shall enable
logging of complaints/ grievance by the citizens and timely redressal of the
same by the concerned officials
Solid Waste Management Monitoring Module: It shall enable proper
management and monitoring of SWM related activities through analysis of the
MIS reports generated, graphical interface along with the mobile application
for use by the SWM staff members
Key benefits envisaged from the proposed solutions are outlined below:
Efficient monitoring and management of waste collection bins indicating
whether the same has been emptied by Transport vehicles, along with real time
management of missed garbage collection points
Route optimization of SWM vehicles resulting in reduction of trip time, fuel
saving and serving of more locations by the vehicles.
Reduction of human intervention in monitoring SWM processes with the help
of RFID tags/readers, etc.
Systematic approach towards billing as well as Service Level Agreement
(SLA) monitoring of the vendors engaged in SWM
Enhanced attendance monitoring of the field staff along with their real time
location and its integration with payroll process
Residents grievance redressal mechanism with regular update of the status of
their complaints
Generation of MIS reports on SWM activities for better decision making and
analysis of the current situation
4. Key Functional Requirements
This section outlines the key functional requirements for each of the modules
identified under the intelligent Solid Waste Management system in the city.
A high level solution architecture for the proposed module along with the
functional requirements is presented in the figure below:
Geo tagging of all designated waste bins located in all the wards which would
help in determining the exact location of the respective bins.
GIS mapping for purpose of highlighting routes covered by the solid waste
collection vehicles
Geo fencing of the garbage depots and landfill site to facilitate capturing of the
GIS information
Automated Vehicle Location System with a provision for customized
dashboard for monitoring and tracking of SWM activities
RFID reader on the vehicle to read the RFID tag fitted on the bin, on both
sides, when the bin is lifted/ attended
Vehicle Gateway unit, mounted on the vehicle dashboard and connected to the
RFID reader shall collect and send the data to the SWM application through
Provision to periodically track the location (with time stamping) of the staff
through GPS based mobile device and mapping the same with pre-defined
area coordinates
Facility to capture attendance data on biometric devices of all field level employees
GPRS enabled feeding of data by the device to the command and control
centre for report generation and alerts, if any
Provision for integration of attendance data with the HR system of RMC
and payroll processing
a) Web Portal
The web portal will provide information to the citizens with regard to SWM
activities as well as generate MIS reports to provide information on various
aspects of SWM related activities for better decision making.
c) GPS Tracking
The GPS tracking component will involve installing GPS devices in the SWM
vehicles for monitoring their vehicles and generate MIS reports for the same.
d) Mobile Application
The mobile application component will provide a platform to update on real time basis
the status of the activities undertaken by SWM staff.
5. Solution Architecture
collection, etc. The solution architecture proposed for installation of solid waste
management system is depicted in the figure below.
As reflected from the figure above, various sensors/ other smart components
installed under SWM system shall be transmitting data/ information to the ICCC
for purpose of monitoring and analysis including:
Assessing the status on whether the garbage depot bins are being served/
attended by the waste collection vehicles
Real time tracking of movement of waste collection vehicles and route
followed by them while (a) serving the garbage depots and (b) transportation
of waste at the landfill site
Assessing quantity of waste disposed on the landfill site by the respective
waste collection vehicles
Attendance information of the on-field staff engaged in SWM activities
Assessing the redressal status of residents’ grievances related to solid waste
management
6. Key Technical Requirements
To achieve the desired functionality as highlighted in the earlier section, the key
technical requirements for the identified components of SWM system is presented
below:
a) RFID Readers
Key technical requirements with respect to RFID reader include:
Shall have requisite operating frequency and comply with general
conformance requirements related to air interface protocol with a provision to
support future protocols
Shall have the optimal antenna type
Shall have the technology to optimize read rates for the bin identification
application and adapt to instantaneous noise and interference level.
Shall have the capability to read the RFID Tag of a vehicle running with requisite
speed
b) RFID Tags
Key technical requirements with respect to RFID Tag include:
Shall be anti-metal and high temperature resistant and durable to withstand
harsh conditions
Shall have requisite memory configuration and compatibility with metallic
and non- metallic substrates
Shall have requisite operating frequency range and comply with general
conformance requirements related to interface protocol
Shall have requisite read range and long read and write distance
d) Barrier Gate
Key technical requirements with respect to the Barrier Gate include:
Shall be capable of full lane open from a close state in the requisite time.
Shall have requisite IP rating and be driven electrically
Exit barriers shall have presence detectors independent system to prevent
barrier arms from coming down on vehicles while passing.
Barrier shall be in the form of infrared units and dedicated embedded loops.
The barrier arm shall have requisite protective mechanism to address frontal
collision, if any.
Exit barrier shall have suitable power supply to prevent against damages, in
the event of any electrical surges / spikes.
Barrier arms shall have retro-reflective red stripes in accordance with the local
traffic sign standards.
e) Fixed and PTZ Camera, Lenses and Mounts
Key technical requirements with respect to Fixed and PTZ camera include:
Shall comply with Open Network Video Interface Forum (ONVIF) standards.
Shall have an integral receiver/ driver capable of controlling pan-tilt, zoom
and focus locally and remotely from the control centre.
Shall have optimum HD quality video output resolution
Shall be an Infrared enabled night vision camera
Shall be capable to produce minimum 30 frames per second (fps).
Shall support on-board storage via micro SDHC slot
For Fixed cameras, the IR shall support a range of at least 30m and for PTZ
it shall support a range of at least 200m moving with zoom (adaptive).
Fixed camera shall provide requisite range of focal length and shall be
remotely controllable from the camera control transmitter
PTZ camera shall have capabilities of PAN of 360° continuous, Tilt of
180° both horizontal and vertical with minimum 20X optical and 12X digital
zoom
A high level solution architecture for Attendance module along with the
functional requirements is presented below:
For purpose of estimating the cost figures (highlighted in the table below), the
prevailing market rates have been considered. Other key assumptions for
estimating the proposed quantity for the hardware, software and other key
accessories for implementation of the solutions are listed below:
Total of 315 community bins have been considered across the city
2 RFID tags shall be installed per community bin to enable the vehicle’s RFID
reader to read it from either side while emptying it
1 RFID tag and 1 RFID reader shall be installed per SWM vehicle and a total
of 10 compactor vehicles have been considered for purpose of lifting waste
from 315 community bins
1 OBU unit per compactor vehicle has been considered for purpose of
monitoring and tracking
1 Mobile device with biometric reader shall be given to each Sanitary Supervisor
1 Mobile device shall be given to each driver of collection vehicles
1 Boom barrier to be installed at the landfill site
1 Weigh bridge controller to be installed at the landfill site
1 RFID reader to be installed on the pole at the landfill site
2 Fixed Camera and 1 PTZ camera to be installed at the landfill site
Annual Operation and Maintenance cost has been considered to be 10% of
the total capital expenditure. The devices procured shall have one-year
warranty period.
Cost does not include civil infrastructure cost
Estimated Cost
Proposed
Sl. No Key Items Unit (in INR Lakh)
Quantity
[with 5 year]
1 RFID Tags on Bins and vehicles Nos. 640 3
2 RFID reader on vehicles and on the pole Nos. 11 33.9
at weighbridge
Mobile devices along with application
for drivers; Mobile device along with
application and biometric device for
3 Supervisors Nos. 38 24.2
4 Cameras (Fixed and PTZ) Nos. 3 5.7
5 OBU unit for vehicle including software Nos. 10 84
for integration with GIS map
6 Weighbridge controller (along with Nos. 2 20
Intelligent Traffic management system comprises key components/ modules viz. (a) Adaptive
Traffic Signal Control System (ATCS), (b) Traffic Violation Detection System (TVDS), (c)
Traffic Information Dissemination System including Variable Message Signboard and Public
Address System and (d) Smart Parking. The sections below highlight the overall project
objective, feasibility assessment for optimal technology solution and key functional
requirements for implementation of the proposed solution for the respective components/
modules.
ATCS is a traffic responsive system which uses real-time data on vehicular traffic to optimize
traffic signal settings and reduce vehicle delays, queue length of vehicles at the junctions/
intersections in order to enhance capacity and efficiency of the road network. Based on a
survey carried out jointly by RSCL and the SP Office, Rourkela, it was decided that 29 out of
the 44 major intersections would be considered for installation of ATCS. The proposed list of
locations for installation of signals is provided in the Annexure.
Adaptive traffic signal controller managed through the central traffic control centre at
an individual junction or as part of group of traffic junctions along a corridor or a region
for controlling the traffic signals deployed
Camera based vehicle detectors with provision for edge analytics to assist operation of
traffic signal controller and generate counts, demands and extensions for right-of-way for
identifying optimal signal timings
The ATCS communication network shall enable remote monitoring and management of
the intersection and provide for transmission of real-time data (i.e. RTC time, stage
timing, mode, events, etc.) from the traffic signal controller to the central computer in the
Integrated Command and Control Centre (ICCC).
The central computer running the ATCS application shall send optimum signal timings to
all intersections in the corridor leveraging the communication network.
The CoSiCoSt software application (as identified in the Technology Feasibility
Assessment carried out earlier) will be used for optimizing the traffic signal timings
The ATCS shall operate in real time with the capacity to calculate the optimal cycle times,
effective green time ratios, and change intervals for all system traffic control signal
controllers connected to it. These calculations shall be based on assessments carried out
by ATCS application software, running on the Central computer based on data gathered
by vehicle detectors. Key functionalities of the software application shall include:
• Propose timing plans to every intersection under the ATCS in every Cycle
• Verify the effectiveness of the proposed timing plans in every cycle
• Identify Priority routes
• Synchronize traffic in the Priority routes
• Manage and maintain communication with traffic signal controllers under ATCS
• Maintain database for time plan execution and system performance
• Maintain error logs and system logs
• Generate Reports on request
• Graphically present signal plan execution and traffic flow at the intersection on
desktop
• Graphically present time-space diagram for selected corridors on desktop
• Graphically present network status on desktop
• Make available the network status and report viewing on Web
Pedestrian Actuated Traffic Control Signals at places where a large number of people
cross the road with heavy vehicular traffic (near Schools, Hospitals, Shopping Centers,
places of worship and similar other establishments)
• The pelican signals shall be installed on two diagonally opposite corners of the Zebra
Crossing and shall be supported with facilities for the pedestrians to actuate traffic
signal control
Solution Architecture The architecture proposed for the ATCS solution based on the needs,
objectives and goals of the project is presented in the figure below.
ATCS system comprises on-street hardware component such as camera based vehicle detector
which detects the presence of vehicle approaching and waiting at the junction. This
information is send to the command centre via master controller system. Here the data is
analysed through the ATCS application which process the data and calculates the optimum
time phase for maximizing the green phase for each direction and send the information back
to the master signal controller which activates the traffic signal as per the optimized time
period. Apart from the Master controller at each junction there are slave controller at each of
the arms of the signal poles from where the traffic personnel at the junction can change the
phase timings of the signal as per requirement for priority green channel as per need.
Guidelines on Design and Installation of Road Traffic Signals – The Indian Roads
Congress, (IRC: 93-1986)
Guidelines for Pedestrian Facilities – The Indian Roads Congress, (IRC: 103-2012)
This specification provides technical requirements supporting the procurement of traffic
signal components and the ATCS including:
a) Fully Adaptive Electric & Solar Powered Wireless Vehicle Actuated Traffic Signals
Traffic Signals designed for working in wireless/wired medium using WiTrac Master &
Slave Controller for running the signal. If wired connection is provided, the wiring shall
be done using trenchless technology
The controllers shall be powered through solar power with requisite power backup.
b) Vehicle Detection Cameras
Camera shall provide integrated vehicle detection capability
The lens type shall be wide angle lens for stop line detection up to 4 lanes minimum.
Adequate and requisite virtual loops and detection outputs per camera for vehicle
presence detection shall be available per junction. The camera lens shall also have Filters
for tree shadow suppression
Camera’s temperature range shall be from 0°C to 60°C
Camera’s humidity range shall be up to 95% non-condensing
IP65 protection housing shall be provided with integrated rain/sun shield window in glass
and high quality rust-free mounting and bolts shall be provided suitable for outdoor
conditions.
Both streaming video and data communications shall be available, and monitoring shall
be possible from a remote workstation.
The system architecture shall fully support Ethernet networking of system components
through a variety of industry standard and commercially available infrastructures.
The server and client applications shall be hosted on the ATCS server that are used to
program and monitor the system components.
Real-time performance shall be available by viewing the video output from the sensor
with overlaid flashing detectors to indicate the current detection state (on/off).
Placement of detection zones shall be by means of a laptop with the Windows 10
operating system, a wireless keyboard and a wireless mouse. The laptop’s monitor shall
be able to show the detection zones superimposed on images of traffic scenes.
The detection zones shall be created by using a mouse to draw detection zones on the
Laptop’s monitor. Using the mouse and keyboard it shall be possible to place, size, and
orient detection zones to provide optimal road coverage for vehicle detection. It shall be
possible to download detector configurations from the Laptop to the field device.
The computer's mouse and keyboard shall be capable to edit previously defined detector
configurations to permit adjustment of the detection zone size and placement, to add
detectors for additional traffic applications.
c) Master Controller - Microprocessor Based Wireless Controller
The Master Controller shall be a vehicle actuated road traffic Signal Controller, capable of
operating the Slave Controllers and Signal lights over wireless medium having inbuilt
GPS module for time synchronization, USB port and debug port for status monitoring.
The Master Controller shall provide dedicated ATCS interface
The Master Controller cabinet shall have provision to install video detection card for
vehicle detection through dedicated cameras
d) Slave Controller
Wireless Slave Controller shall operate on command of Master Controller. The optically
isolated Vehicle detector interface shall support inductive loop, Camera and microwave based
vehicle detection.
300mm Red LED aspect 24 V DC with inbuilt voltage / current regulator 400 mA Max.
including dust and water proof Polycarbonate housing and clamps
300mm Amber LED aspect 24V DC with inbuilt voltage / current regulator 400mA Max.
including dust and water proof Polycarbonate housing and clamps
300mm Green Arrow LED aspect 24V DC with inbuilt voltage / current regulator 200 mA
Max. including dust and water proof Polycarbonate housing and clamps
300mm Pedestrian LED aspect - 2 in 1 Pedestrian Red man standing and Pedestrian
Green man walking with Multi Color Display for pedestrian timing with Metal body of
320 mm x 320 mm minimum display area.
Standard GI Standard Signal Pole with support structure for Solar Panel
Vertical GI Cantilever pole with support structure for Solar Panel
f) Traffic Signal Cabinet and Equipment
Traffic Signal Controller Cabinets shall have space to accommodate traffic signal
hardware and other hardware (e.g. red-light enforcement, surveillance cameras, switches,
emergency pre-emption equipment, etc.).
g) Solar Panels and Power Backup
Solar Panels and power back up of 72 hours - quantity of solar module and battery
bank to be calculated keeping in view complete intersection load with Power Backup.
h) Microprocessor Based Pedestrian Pelican Traffic Signal Controller
Push Button control panel for pedestrian actuation traffic signal control (pole mounted)
Visual indication: Indicator for call Register (Big push button unit having 2 Light
Indicators for pedestrian signals & Call confirmation Indication (call registration /wait)
Two sets of Red and Green Pedestrian Traffic Lights Signals to be installed on the two
diagonally opposite corners of the Zebra Crossing
Two sets of Red, Amber and Green Vehicular Traffic Signal Lights to be installed at the
Stop Lines on the Left lanes of the Road before the Zebra Crossing along with Signal
posts for the Traffic signal lights
Pedestrian Actuated Traffic Control Unit shall have micro-controlled programmer along
with pedestrian call registrations.
i) Other Equipment
Requisite allocation for dedicated server unit/units at ICCC for ATCS application based
on actual requirement
For purpose of estimating the cost figures, the prevailing market rates have been
considered. Other key assumptions for estimating the cost of the project include:
In order to enhance efficiency of traffic enforcement across the city, Traffic Violation
Detection System (TVDS) has been proposed across major locations in the city. TVDS
detects and captures evidence of traffic violation and penalize violators remotely in order to
reduce traffic accidents and enhance safety of road users. Installation of TVDS system is
critical to encourage adherence towards traffic rules and regulations.
Proposed locations for installation of TVDS system has been decided based on the inputs
provided by the SP office and a survey carried out jointly by RSCL and the SP Office,
Rourkela. The list of locations for installation of TVDS system is provided in the Annexure.
Key components/ solutions proposed as part of the Traffic violation detection system in the
city are as follows:
• Red Light Violation and Detection (RLVD) detects red light violation at signalized
junctions and capture real time images of the vehicle and its number plate.
• Zebra Crossing Violation/ Stop Line Violation detects stop line violation at zebra
crossing and capture images of the vehicle and its number plate.
• Speed Violation Detection detects traffic speed violators driving vehicles above the
defined speed limits at road section and capture high resolution images of the vehicle and
its number plate captured at high speed.
• Free Left Lane Blocking Violation is capable of detecting vehicles blocking way of left
moving traffic at a free left turning section of the road intersections and capture real time
images of the vehicle and its licence number plate.
• Wrong Direction Vehicle
Movement is capable of
detecting movement of vehicles
in wrong direction and capture
real time images of the vehicle
and its number plate.
• Automated Number Plate
Recognition (ANPR) system
captures and detects the
registration number of the
Solution Architecture
The TVDS system solution architecture shall be based on open protocols, interoperable and
be scalable. The solution shall enable the city of Rourkela to improve traffic violation
monitoring and enforcement of traffic rules, resulting in significant improvement in road
safety and reduction in traffic congestion. The solution architecture proposed for installation
of traffic violation detection system is shown in the figure below.
This specification covers the requirements for the supply, installation and testing of Traffic
Violation Detection sub-system (TVDS). This sub-system shall provide proven non- intrusive
camera with the required software to cover the various types of violations to be detected,
ANPR camera, overview camera for manual check and all required software and analytics
platform which shall be useful for submitting a legally valid evidence.
b) Overview Camera
The overview camera shall capture the infracting vehicle including the status of Traffic
Signal. These videos shall be available in the incident review system.
Illumination devices shall be installed with the overview camera to ensure images
captured with a requisite minimum illumination and are readable/viewable when viewed
through a standard computer monitor
The overview camera shall have IR illumination. IR Illuminator can be Internal or
external and minimum visibility shall be 100 m.
The overview camera shall provide a minimum frame rate of 25 fps. The camera shall use
a 1/3" or 1/2" colour, inter-line transfer, solid state CCD image sensor with a minimum of
1920 x 1080 resolution.
The lens of overview camera shall be designed to prevent bright light “flare” caused by
indirect sunlight outside the angle of view of the lens affecting the viewed scene.
The overview camera shall be compliant to local operating voltage.
The overview camera shall be installed on a pole above the road (at a minimum
clearance height of 6 meters) covering the entire road stretch.
d) RLVD Sensor
The triggering of RLVD shall be done using a sensor placed on Red LED aspect to detect
the signal head status in real-time.
The RLVD sensor shall be outdoor rated and protected against corrosion.
e) TVDS Application
The TVDS system shall include the central application and the recording
hardware/software system to store the video at 25 fps, 4 CIF resolution and up to a period
of 30 days for all the ANPR cameras across all intersections.
The TVDS system shall instantaneously receive the processed ANPR of the violating
vehicle from the ANPR sub-system in Meta file format and Images & video is required
only in case of violation.
The data of TVDS will be stored in Local processing unit (LPU) and LPU shall have the
storage capacity of minimum one month.
Dedicated server space for TVDS shall be provided to support local processing and
storage as per the solution Application. Server shall include hard drives based on volume
of data to be stored. The transaction data storage requirements shall be estimated based on
total transactions & related calculations as per the functional requirements.
h) e-Challan Devices
The e-challan handheld shall have latest mobile operating system (Windows or Android)
The hand held shall have latest and high speed processor with minimum frequency of 800
MHz that suits the operating system
The device shall have a minimum of memory of 512MB
The device disk space shall be 1 GB Flash or higher, with an expandable micro SD slot
with a minimum capacity of 32 GB
The device shall have colour display of minimum 4 inch, with minimum resolution of
640 x 480 (with Trans reflective screen VGA/QVGA)
The handheld device shall have capacitive Touch Screen feature for easy navigation and
usage
The device should have a sim card slot to support 4G networks
The handheld must last for minimum 8 hours of use in the field and be capable to hold
168 hours of transaction data. The device shall have suitable mechanism for charging
from 220V standard AC power supply through standard power jack. The device standby
time shall be for 5 days without intermittent charging. Suitable Vehicle charger shall also
to be provided
The handheld shall have in-built thermal printer and should be able to print on a paper
with minimum width of 3 inch. It shall support print speeds of at least 200 dpi, 60 mm per
second or better with easy paper loading mechanism. The media type shall be Thermal
Paper.
Each of the handheld device shall come with the following Accessories
• User manual
• Additional battery
For purpose of estimating the cost figures, the prevailing market rates have been
considered. Other key assumptions for estimating the cost of the project include:
The proposed quantity of materials required to meet the functional and technical
requirements as specified above along with an estimated cost for installation, commissioning
and operation & maintenance of TVDS in Rourkela is provided in the table below.
Smart Parking is an ICT enabled approach to achieve optimum utilisation of public parking
spaces. It combines sensing devices to determine occupancy and automate the instruction
process for parking of vehicles. The proposed locations for implementation of smart parking
includes Four Multi-Level Car Parking (MLCP) envisaged as part of the ABD project under
the smart city plan.
Key features of the proposed Smart Parking System along with envisaged benefits include:
Mobile App or web based portal enables citizen to view real time availability of parking
slots in a parking lot located in the proximity and facilitates pre-booking of the slot
Parking management system enables mapping of parking slots in a parking area,
tracking of vehicles based on the sensors and provide real time information on availability
of parking slots to the users
Parking access control enables entry/ exit of the vehicles within the parking facility
through issuing of ticket to the user through the ticket dispensing machine at the entrance
of the facility. In the event of the non-availability of the slot, the same shall be displayed
on the digital screen and the ticket will not be issued by the machine
Parking guidance system guides the motorist to the appropriate parking slot using a
combination of digital signs and indicators
Parking pricing and payment provides information on parking fees and enables the
computing of fee at the time of the exit of the vehicle from the facility based on the time
stamping using multiple payment options
Solution Architecture
The Smart Parking system shall consist of on street/off-street parking detection sub- system,
access control sub-system, information/guidance sub-system, payment management sub-
system and Administration, Reporting/MIS sub-system. It enables on- line monitoring of
parking areas occupancy that can serve for drivers’ navigation to free/available parking
spaces. The Smart Parking solution architecture shall be based on open protocols,
interoperable & be scalable. The proposed system architecture for Smart Parking is shown
below:
do not have a boundary wall and defined entry and exit points. These kind of parking
spaces have specified number of slots available, typically on an open ground or road.
Key technical requirements for Smart Parking System is presented below:
a) Ticket Dispenser
The Ticket Dispenser shall have functionality of issuing/reading a QR coded parking
ticket with entry record at entrance.
Dispenser shall be intelligent controller that can run in stand-alone or on-line mode.
Adequate and requisite paper roll capacity shall be provided at the dispenser.
The Dispenser shall have built-in high speed ticket printer based on thermal technology.
The built-in printer shall be a compact thermal printer able to print, as a minimum, tickets
(text and graphics), QR ode and system status information.
The Dispenser shall have built-in Common Payment Card (CPC) reader to read/write
information from CPC.
Dispenser controller shall have additional inputs and outputs assignable to functions like
open/closed sign relays for barrier gates and indication lights operation.
The Dispenser shall have an easy jam removal mechanism that requires no tools, takes
minimal time and training for the operator to clear.
All dispensers shall come with standard equipment such as heater and cooling fan using a
thermostatic controller to ensure a reasonable operating temperature for components in
various weather conditions. Humidity range is up to 90% non- condensing.
Dispensers shall have the capability to be remotely monitored by LAN, WAN, or remote
web access.
Dispensers shall have an on-board perpetual calendar clock device to maintain time &
date with network (LAN) for updating and configuration.
Dispensers shall have the functionality of stolen ticket detection on-line, that polls ticket
validation from the system. System alarm code shall be generated to the log file.
Dispensers shall have feature to read tickets inserted in any direction i.e. backwards,
forwards, and right side up and upside down.
b) Parking Controller
All occupancy sensors shall be integrated to the Parking Controller to give real time status
of parking lot occupancy.
The parking controller shall be rugged and shall have sufficient no. of I/O terminals to
take feed from occupancy sensors. If multiple controllers are required to cater to
occupancy sensors, the same shall be provided.
Based on the feedback from the occupancy sensors and Parking System, the controller
shall be able to control the parking guidance signals based on their location to guide users
accordingly to nearest vacant slot.
The Parking Controller shall have operating temperature range of 0 to +70 °C.
c) Barrier Gate
The Barrier gate shall have the access control mechanism to enable entry to the
passengers with a valid fare media to enter the Parking slots.
The height of the Barrier gate shall be not less than 1000 mm form the floor.
The Barrier gate shall have barrier arm with requisite and optimal dimensions along
For purpose of estimating the cost figures, the prevailing market rates have been
considered. Other key assumptions for estimating the cost of the project include:
Operation and Maintenance cost for a total period of 5 years have been considered at 10%
per year.
The devices procured shall have one-year warranty period.
CHAPTER - 05
The survey was conducted to capture investor objective for investment in financial instruments, reveals
the following.
Graph 4.1
High growth 66
Tax benefits 22
Retirement protection 10
Future welfare 75
Stable income 17
High income 25
0 10 20 30 40 50 60 70 80
FREQUENCY
Most of the investors want to invest money for the purpose of future welfare followed by high growth, so
company should suggest those instruments which have a positive return for their investment which will
help in fulfilling both the objectives.
2)Current investors preference of Individual Investors towards the Following Financial Markets, In the
Indian Capital Market
Graph 4.2
100 90
90 84 79
80
70
60
50
40
30
20 15
10 3
0
t t t te s
ke ke ke ta nd
ar ar ar es f u
m m m al l
ity ity ncy Re tua
u d u
Eq m
o rre M
m Cu
Co
Frequency
From the above analysis we can infer that majority of the people invest in Equity market, while the
investment in Commodity market and Mutual funds are almost similar, so therefore investors are inclined
more towards the share market.
3) Current Attitude of Individual Investors towards the Following Financial Markets, In the Indian Capital
Market
Graph 4.3
Chart Title
Equity Commodity Currency Real estate Mutual fund
1
13 1
24
61
79
6
18
7
8 21
0 3
78
5 61
66 1
1
12
23
1 9 1
Highly favourable Favourable Somewhat favourable Not very favourable Not at all favourable
According to the analysis, we can see that most of the investors are favorable towards Mutual fund under
current market scenario followed by Commodity market and somewhat favorable towards Equity market.
So, it can be said that investors are looking for safe investment options along with safe return which can
be used as a motivation factor for investors to lure them in investing in commodity market. According to
the recent reports commodity market are the first to revive for current situation which add as an added
incentive for investors to invest in this market as returns are going to be favorable.
Graph 4.4
Frequency
23.68% 1.97%
Bullions
Agro products
Energy
Metals
57.89%
16.45%
From the above analysis we can clearly identify that Bullions i.e. Gold and Silver are the most favored
commodities to be traded in followed by Energy products such as Crude oil, Petroleum.
Graph 4.5
Frequency
0.75%
29.32%
MCX
NCDEX
NCFM
69.92%
Mostly investors prefer to deal on NCDEX platform even though MCX platform being the largest
platform for Commodity trading in India.
Graph 4.6
Frequency
22.71%
Lack of knowledge
38.16% Difficulty in understanding
Increase speculation
Very risky
39.13%
According to this analysis we can infer that people who already trade in Commodity market have a
perception that perspective investors are not attracted towards Commodity market primarily because of
difficulty in understanding as well as lack of knowledge of Commodity market, so the investing
companies can resort to various methods to inform these perspective investors and convert them to real
investors.
Graph 4.7
Frequency
100%
90%
80%
70%
60%
50%
40%
30%
20%
Axis Title 10%
0%
ps al) s) es on ts et
ou er nes zin iv si gen ern
r n i a t
g e us ag le
rs/
A In
n ce rs(G s(B l m Te e
re pe re ia ok
fe pa pa nc Br
Re s p a a
Ne
w
ws Fin
N e
From the above analysis we can infer that most of the investors are gathering data from newspapers and
from the brokers/agents.
Graph 4.8
70
60
50
40
Very low
30
Low
Neutral
20 High
very high
10
0
ty ty ilit
y rn on on
fe id tu
Sa u xib re iati cati
Liq Fle od re
c
rsi
fi
Go app ive
l D
p ita
Ca
CHAPTER - 06:
CONCLUSION: -
Creating smart connected systems for our urban areas provides a great many benefits for
citizens around the world, not only to improve quality of life, but also to ensure sustainability and
the best possible use of resources.
These solutions are dependent on a unified approach from government as well as the
private sector and residents themselves. With the correct support and infrastructure, however,
smart cities can use advances such as the Internet of Things to enhance the lives of residents and
create joined-up living solutions for the growing global urban citizenry.
CHAPTER – 07:
BIBLIOGRAPHY
Websites:
articles.economictimes.indiatimes.com/keyword/commodity_market[ CITATION Eco13 \l 1033 ]
blog.euromonitor.com/2012/04/monthly-review-of-commodity-markets-april-2012-update.html
businesstoday.intoday.in/story/top-commodities
businesstoday.intodayin/story/indias-commodity-market-to-register-gains/1/15682.html
commodities.about.com/old/managingourportfolio/a/commodities-Review-For-2012.htm
en.wikipedia.org/wiki/commodity_market
moneyweek.com/eight_reasons_commodities_beat_study_every_time
https://smartcities.gov.in/
https://mohua.gov.in/
https://indiasmartgrid.org/
Articles:
Commodity prices and Price volatility: old answers to new questions
Facts and fantasies about commodity futures
Index Investment and Financialization of commodities
Placing the 2006/08 commodity price boom into perspective
Price formation in Financialized commodity market: the role of information
Speculative influences on commodity futures prices 2006-08
The adequacy of speculation in agricultural futures market: Too much of a good times?
The impact of Index and swap funds on commodity futures markets
The role of inventories and speculative trading in the global market for crude oil
World economic outlook: Financial stress, Downturns and Recoveries
CHAPTER – 08
ANNEXURE
PERSONAL INFORMATION
1. Name
2. Gender
Mark only one oval.
Male
Female
3. Age
Mark only one oval.
25-30
30-35
35-40
40 above
4. Occupation
Mark only one oval.
Business
Profession
Self-employed
Others
5. Annual income
Mark only one oval.
20%
Yes
No
9. What is your current market attitude towards the following financial markets?
Mark only one oval per row.
Equity
Commodity
Currency
Real estate
Mutual fund
High
Medium
Low
High income
Stable income
Reasonable income and safety
For future welfare
Retirement protection
Tax benefit
High growth
Yes
No
14. What fiscal deficit target is needed for India to improve it’s fiscal
performance?
Mark only one oval per row.
Yes
No
Sustainable
Architecture &
Design
Above 3 years
2500 Cr.
1000 Million
39200 Billion
None
Bullion(Gold, Silver)
Agro products(sugar,rmseed,etc)
Energy( crudeoil,petroleum,gas,etc)
Metals(steel,copper)
Future contracts
Forward contracts
Options
Basic payoffs
20. How do you rate commodity market on the basis of following attributes?
Mark only one oval per row.
Safety
Liquidity
Flexibility
Good return
Capital appreciation
Diversification
MCX
NCDEX
NMCF
Others
Lack of knowledge
Difficulty in understanding
Increase speculation
Very risky
Definitely
Probably
Not sure
Probably not
Never