Abstract
Every village has a great number of human resources that if efficiently used can prove a huge benefit. These resources can be self-sufficient and sustainable. This chapter discusses how to achieve the overall development of the smart villages so that they can eventually become self-sufficient and sustainable. There is a huge requirement for smart technology to be used in these smart villages. A framework comprising various factors, such as technological factors, social factors, legal and governance factors, and their measurements could be used for designing and developing smart villages in India. Efficient use of energy in the smart village is one of the parameters of the main focus areas of a smart village ecosystem. To create new technologies that are usable by the masses requires new financial models and a supportive modern ecosystem. An ecosystem should be developed for these smart villages, focusing attention on its location as well as the investment opportunity.
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