| Title |
INDIA - ECONOMY - Smart City Projects |
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Date-wise Events |
- August 27, 2015:
- List of 98 cities released.
- The government on 27 Aug 2015 finally
declared its plans to convert 98 Indian cities
into Smart Cities. The Centre has earmarked Rs
48,000 crore for development of 100 smart
cities. Some of the lesser-known cities and
municipal areas such as Bihar Sharif in Bihar,
Moradabad and Saharanpur in Uttar Pradesh,
Dharamsala in Himachal, Shivamogga in Karnataka
were nominated by the states. In the first
phase, the Centre will pick 20 cities and in the
next two years, 40 cities each will be selected
for receiving the central funding of Rs 500
crore spread over the next five years. Each
Smart City would get a Central assistance of Rs
100 crore per year for five years.
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