PM Narendra Modi Cabinet Nod For Smart City Project

In addition, substantial private investments would be mobilized by states and urban local bodies through PPP model as required to meet the project cost.

Special Purpose Vehicle will be created for each city to implement Smart City action plan. The SPV will be signed with the urban local body, state government and the Centre for implementation of the project.

The Mission of building 100 smart cities intends to promote adoption of smart solutions for efficient use of available assets, resources and infrastructure with the objective of enhancing the quality of urban life and providing a clean and sustainable environment. Special emphasis will be given to participation of citizens in prioritizing and planning urban interventions.

It will be implemented through “area based” approach consisting of retrofitting, redevelopment, pan-city initiatives and development of new cities.

Under retrofitting, deficiencies in an identified area will be addressed through necessary interventions as in the case of Local Area Plan for downtown Ahmedabad.

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