Over Rs 2 lakh crore projects under Smart City Mission underway: Survey
The Government’s Smart City mission seems ...
The Government’s Smart City mission seems to be moving smoothly with the Economic Survey on Friday suggesting that under the initiative, more than 5,000 projects worth more than Rs 2 lakh crore were under different stages of implementation in 100 cities across the country.
The Survey noted that in all the target cities, Special Purpose Vehicles (SPVs) have already been incorporated while City Level Advisory Forums (CLAFs) and Project Management Consultants (PMCs) have been set up. “Since the launch of the mission, 5,151 projects worth more than Rs 2 lakh crore are at various stages of implementation in the 100 cities,” the Survey said.
As on November 14, 2019, 4,154 SCM projects worth Rs 1.49 lakh crore (72 per cent of the total proposals) have been tendered, out of which 3,359 projects worth Rs 1.05 lakh crores (51 per cent of total proposals) have been issued work orders.