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India: Govt to release next set of smart cities today

India: Govt to release next set of smart cities today

New Delhi: The Centre on Tuesday will declare the next set of cities for financing under the Modi-government flagship Smart City Mission.

According to the Misison guidelines, as many as 40 cities have to be announced during this financial year. As the government had previously announced 13 cities in May, a slot of 27 cities remains vacant against which the announcement would be frame by Urban Development Minister M Venkaiah Naidu tomorrow.

In January, the govt had announced a set of 20 cities for partial funding to be developed as smart cities which would have facilities such as composed sanitation & solid waste management systems, water & power supply, efficient urban mobility & public transportation, IT connectivity and e-governance, surrounded by others.

Each city will receive Central assistance of Rs 200 cr in the first year & Rs 100 cr over the three subsequent financial years.

State governments and respective urban local bodies will also match the Centre’s allowance.

The Modi-government aims to modify about 100 cities by 2019-20, with the Centre providing financial support of Rs 48,000 crore across five years.

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