Govt. set Dec Deadline for Smart Cities Plan
Govt. has set this month end as the deadline to make a final presentation. According to the news publish in TOI said the deadline is aimed at fast-tracking the scheme so that some work can start by the end of this financial year.
The ministry is staring at surrendering most of the Rs 6,274 crore budget allocated this year for the smart cities programme and a new mission for renewal of urban infrastructure in place of JNNURM. TOI has learnt that so far about Rs 800 crore from this allocation has been utilized under urban transport head and another Rs 200 crore could be used by March.
Since the conceptualization of smart city project and the new mission to replace JNNURM are still under process, there is hardly any scope for the ministry to utilize substantial allocation. “You can’t utilize more than 33% of the unutilized allocation in the last quarter,” a government source said.