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Smart Cities have tendered out 6,721 projects worth Rs 1,88,507 crore so far

New Delhi: Union Minister of Housing and Urban Affairs Hardeep Singh Puri in a written reply to a question in the Rajya Sabha on Monday that as on January 21, 2022, Smart Cities have tendered out 6,721 projects worth Rs 1,88,507 crore and work orders have been issued in 6,124 projects worth Rs 1,62,908 crore.

Singh said that 3,421 projects worth Rs 58,735 crore have been completed. As on January 21, 2022, the Government of India has released Rs 28,413.60 crore for 100 Smart Cities, out of which Rs 23,668.27 crore (83 per cent) has been utilized.

The Government of India launched Smart Cities Mission (SCM) on June 25, 2015.  100 Smart Cities have been selected through four rounds of competition from January 2016 to June 2018.

As per the SCM Guidelines, the Central government will provide financial support to the extent of Rs 48,000 crore over five years, that is, on an average Rs 100 crore per city per year. An equal amount on a matching basis will be contributed by the State Government or the Urban Local Body (ULB). /BI/