Economic Times: May 20, 2016
New Delhi: The government is all set to announce 14 more cities to be included in the first set of cities to receive funds under the smart cities mission, taking the total number to 34.
"We will announce the next set of cities in one or two days and these will be included in the first set of cities that will receive the first tranche of funding," urban development minister Venkaiah Naidu said at a CII event in New Delhi on Thursday.
Under the mission, the government plans to develop 100 cities as smart cities with advanced infrastructure and facilities. It had earlier shortlisted 98 cities. Naidu said the 20 cities that had already been announced may require an investment of $8 billion whereas once all 100 cities were selected the cities may require $40 billion.
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