Urban Transformation – Smart Cities, AMRUT, etc.

Ensure project launch by June 25: Govt to first 20 smart cities


  1. News: Centre has asked the concerned states under the ‘Smart City Mission’ to ensure launch of their respective projects by June 25
  2. Govt. also urged the smart cities to ensure appointment of full-time CEOs for the SPVs
  3. Financing: The first batch of 20 selected smart cities have proposed a total investment of over Rs 48,000 crore over the next 4 years
  4. The central govt will provide an assistance of Rs 500 crore for each city and the respective states and urban local bodies will provide an equal amount
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