Indian Economy News

Rs.194 cr released to 96 cities under Smart City Mission for preparation of city plans

New Delhi: The Ministry of Urban Development has sanctioned Rs. 194 cr at the rate of Rs.2.00 cr per each of the 96 cities included in the Smart City Mission. Of the 98 smart city candidate firmed up so far, funds will be sanctioned soon by the Home Ministry to the Union Territories of Delhi and Chandigarh.

Sanction Orders were issued to 38 smart city representatives from 11 states who attended the Regional Workshop here today by the Minister of Urban Development Shri M.Venakaiah Naidu. One city each from Jammu & Kashmir and Uttar Pradesh are still to be identified for inclusion in the Smart City Mission.

Later in the day, funds were transferred electronically to the respective states and Union Territories.

Rs.2.00 cr provided for each city is meant for preparation of city level Smart City Plans with the assistance of technical and hand holding agencies.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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