Implementation of the Smart City Mission at the City level will be done by a Special Purpose Vehicle (SPV) created for the purpose. The SPV will plan, appraise, approve, release funds, implement, manage, operate, monitor and evaluate the Smart City development projects. The SPV will be a limited company incorporated under the Companies Act, 2013 at the city-level, in which the State/UT and the ULB will be the promoters having 50:50 equity shareholding. The affairs of the Company will be regulated by an Articles of Association (AoA) which shall include structure...
Ahead of the two day Smart City Ideas Camp beginning in New Delhi today, 88 cities included in the Smart City Mission have identified consulting firms for preparation of city-wise Smart City Action Plans. The remaining 10 cities in North-Eastern states and Union Territories will do so by this week end. Uttar Pradesh and Jammu & Kashmir are still to nominate one city each for smart city development.CRISIL Risk and Infrastructure Solutions Limited in association with Pri Move Infrastructure Development Consultants Private Ltd and Probity Soft Private Limited has bagged...
After completion of stage-1 of the smart cities challenge, states/ULBs have to prepare for the stage-2 of the competition. In accordance to para 9.1.2 of smart cities mission (SCM) guidelines, each of the potential 100 smart cities have to prepare their smart city proposals (SCP). Moreover, the SCP will be assessed on a set of fair, objective & transparent evaluation criteria (Annexure 4) by a committee consisting of a panel of national & international experts, organisations & institutions. The MoUD has designed a standardised template for use of states/ ULBs...
Minister of Urban development Shri M Venkaiah Naidu today announced the following list of cities and towns selected under smart cities mission. The State/UT wise list is given below: Shri Naidu gave details of profiles of all the selected cities and towns in terms of population and characters of each city/town. He informed that: -24 cities are capital cities; -24 are business and industrial centres; -18 are of cultural and tourism importance; -5 are port cities and three are educational and healthcare hubs. In terms of population ; -8 have...