HUA initiates 5,000 Smart City projects worth R 2,05,018 cr under SCM

Speed Post News Network

New Delhi : The Ministry of Housing & Urban Affairs (HUA) has embarked on one of the most ambitious programmes undertaken in the world for Urban renaissance for rejuvenating and transforming Indian cities through several initiatives including infusion of more than Rs 6,85,758 crore for ensuring citizen friendly urban areas.

The transformation has been undertaken by way of implementing key urban reforms, projects for urban rejuvenation, construction of public and household toilets and solid waste management under the Swachh Bharat Mission, initiation and implementation of more than 5,000 Smart City projects worth Rs 2,05,018 crore under the Smart City Mission (SCM), sanctioning of more than 65 lakh houses for construction under Pradhan Mantri Awas Yojana in urban areas, provision of water, sewerage and sanitation under the Mission AMRUT by sanctioning projects worth Rs 77,640 crore, and augmenting the urban transport by way of new metro lines. The Ministry is also vigorously pursuing reforms in the real estate sector for the benefit of homebuyers by ensuring implementation of RERA in all parts of the country.

Under the SCM, 100 Smart Cities have been selected in 4 Rounds based on All India Competition.All 100 cities have incorporated Special Purpose Vehicles (SPVs).

Since the launch of the mission 5,151 projects identified by the cities worth more than Rs 2 lakh crore are in various stages of implementation in the 100 cities. Altogether 534 projects worth Rs 10,116 crore have been completed, implementation has commenced for 1,177 projects with a cost of Rs 43,493 crore and tendering has started for 677 projects with a cost of Rs 38,207 crore, according to a PIB release.