Speed Post News Network
New Delhi : The XV Finance Commission (FC), in its report submitted to the Government of India, has recommended a performance-based challenge fund of Rs 8,000 crore to States for incubation of new cities.
The amount available for each proposed new city is Rs 1,000 crore and a State can have only one new city under the proposed scheme. Thus, a maximum of eight States can avail this grant for eight new cities over the award period of the Commission. The detailed modalities for the scheme have not been worked out.
Moreover, Area Based Development (ABD) is a key strategic component of the Smart Cities Mission, launched on June 25, 2015. Area Based development models include city improvement (retrofitting), city renewal (redevelopment), and/or city extension (Greenfield development). A total of 100 cities have been selected for development as Smart Cities over 4 rounds of competition conducted between January 2016 to June 2018. This information was given by the Minister of State forHousing and Urban Affairs Kaushal Kishore in a written reply in the Rajya Sabha on July 28, 2021.
The details of Smart Cities that have opted for greenfield development or a combination of models are :
| State | Smart City | ABD Component |
| Jharkhand | Ranchi | Greenfield |
| Maharashtra | Aurangabad | Greenfield |
| Gujarat | Rajkot | Greenfield |
| Andhra Pradesh | Amaravati | Greenfield |
| Madhya Pradesh | Satna | Greenfield |
| West Bengal | New Town Kolkata | Retrofitting+Greenfield |
| Maharashtra | Nashik | Retrofitting+Greenfield |
| Chhattisgarh | Atal Nagar | Redevelopment+Greenfield |