Urban Development Minister M Venkaiah Naidu said here today that consultations with stakeholders, including state governments and Urban Local Bodies, with regard to the three ambitious programmes, have been completed.
The ministry would like to launch the programmes on a “convenient day” in June, he said.
‘Smart City’ is Prime Minister Narendra Modi’s ambitious project aimed at recasting the urban landscape of the country by making cities more livable and inclusive, besides driving the economic growth.
Each selected city under the scheme would get central assistance of Rs 100 crore per year for five years.
‘Smart City’ aspirants will be selected through a ‘City Challenge Competition’ intended to link financing with the ability of the cities to perform to achieve the mission’s objectives.
PTI