Government of India launched the Smart Cities Mission (SCM) on 25 June 2015 for development of 100 cities as Smart Cities. The cities were selected through 4 rounds of competition from January 2016 to June 2018. As on 12 November 2021, these Smart Cities have tendered out 6,452 projects worth Rs. 1,84,998 crore (US$ 24.67 billion); out of which work orders have been issued in 5,809 projects worth Rs. 1,56,571 crore (US$ 20.88 billion) and 3,131 of those projects worth Rs. 53,175 crore (US$ 7.09 billion) have been completed.
As on 12 November 2021, Central Government has released Rs. 27,235 crore (US$ ) to States/Union Territories for their Smart Cities.
The status of projects in the 20 Smart Cities selected in Round-1 in January, 2016 is given below:
(Amount in Rs. crore)
|
Smart City |
Tender Stage |
Work Order Stage |
Work Completed |
Total Projects |
Total Amount |
|||
|---|---|---|---|---|---|---|---|---|
|
No. of Projects |
Amount |
No. of Projects |
Amount |
No. of Projects |
Amount |
|||
|
Round-1 (20 cities) |
142 |
11,874 |
565 |
26,877 |
1,203 |
20,129 |
1,910 |
58,880 |
Out of 1,910 projects worth Rs. 58,880 crore (US$ 7.85 billion) that were part of the Smart City Proposals (SCPs) of Smart Cities selected in Round-1, 1,768 projects (93%) worth Rs. 47,006 crore (US$ 6.29 billion) (80%) have either been completed or are under implementation. The period of implementation of SCM has been extended up to June 2023 and all Round-I cities are expected to complete their projects within the stipulated time.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.