Sign In
Learn bits
Schemes & Policies
Mahesh

04/07/24 11:19 AM IST

Smart Cities Mission extended till March 2025

In News
  • The Centre has extended the Smart Cities Mission (SCM) under the Union Urban Development Ministry till March 31, 2025. 
About SCM
  • It is a Centrally Sponsored Scheme, launched in June 2015 to transform 100 cities to provide the necessary core infrastructure and clean and sustainable environment to enable a decent quality of life to their citizens through the application of "Smart Solutions".
  • It aimed to improve the quality of life for citizens through sustainable and inclusive development.
Objectives:
  • Provide core infrastructure and decent quality of life
  • Clean and sustainable environment
  • Application of ‘Smart’ Solutions
  • Sustainable and inclusive development
  • Compact areas
  • Replicable model
Status of SCM
  • Each of the 100 Cities have developed a diverse set of projects, many of which very unique and being implemented for the first time, thus improving the Cities’ capability and experience and achieving larger transformational goals at the city level.
  • More than 8,000+ multi-sectoral projects are being developed by the 100 Cities amounting to around ₹ 1.6 lakh crore.
  • As on 03rd July 2024, the 100 Cities have completed 7,188 projects (90% of total projects) amounting to ₹ 1,44,237 crore as part of the Mission.
  • The balance 830 projects amounting to ₹ 19,926 crore are also in advanced stages of completion.
  • On the financial progress, the Mission has an allocated GOI budget of ₹ 48,000 crore for the 100 Cities. As on date, GOI has released ₹ 46,585 crore (97% of the allocated GOI budget) to 100 Cities.
  • Out of these funds released to the Cities, 93% have been utilized as on date.
  • The Mission has also released full GOI financial support under the Mission to 74 out of 100 Cities. 
Source- PIB

More Related Current Affairs View All

07 Aug

What is the potential of biochar?

'With the Indian carbon market set to be launched in 2026, CO2 removal technologies such as biochar are expected to play a crucial role. ' Biochar is a type of charcoal rich in

Read More

07 Aug

Carriage of Goods by Sea Bill, 2025

'The Parliament has passed the Carriage of Goods by Sea Bill, 2025, with the Rajya Sabha approving it recently. ' The Bill seeks to replace the Indian Carriage of Goods by Sea A

Read More

07 Aug

Telangana’s Kaleshwaram project

'The Kaleshwaram Lift Irrigation Project (KLIP) in Telangana is under scrutiny after the National Dam Safety Authority (NDSA) reported significant structural damage and design flaw

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps