It was reported that the central government has sanction a sum of Rs 194 crore for Pune smart cities mission. Minister for urban development M Venkaiah asked the 20 selected smart cities, selected in the first round of the Smart Cities contest, to launch their projects by June 25.
“The municipal corporations must not delay formation of Special Purpose Vehicle (SPV) and ensure the projects planned under the Mission are not kept pending.” Pune was ranked second in the competition, but Naidu has said that rank does not matter.
“What matters is not where a city stands now, but where it likes to go and how it proposes to go, based on a vision drawn from the inherent strengths of a city and backed by a credible action plan,” Naidu had said.
“The investment potential in the urban sector in the next 5-6 years is Rs 18 lakh crore, including Rs 1 lakh crore under AMRUT, Rs 2.50 lakh crore under Smart City Mission and Rs 66,000 crore under Swachh Bharat Mission.
Naidu told mayors from across the country that the Centre would provide Rs 87,147 crore directly to urban local bodies between 2016 and 2020.