PM Modi launches Smart Cities Mission

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Prime Minister Narendra Modi today launched the NDA government’s flagship Pradhan Mantri Awas Yojana (PMAY) housing scheme, along with its long-planned Smart Cities mission and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) urban renewal initiative.

As part of the three missions, the government will look to create 2 crore houses by 2022 by providing a central grant of Rs 1 lakh to Rs 2.3 lakh per house by way of a 6.5 percent interest subvention scheme; look to create 100 smart cities through a Rs 48,000 crore initiative; and push for urban infrastructure upgrade for 500 cities in a Rs 50,000 crore scheme.

As part of the three missions, the government will look to create 2 crore houses by 2022 by providing a central grant of Rs 1 lakh to Rs 2.3 lakh per house by way of a 6.5 percent interest subvention scheme; look to create 100 smart cities through a Rs 48,000 crore initiative; and push for urban infrastructure upgrade for 500 cities in a Rs 50,000 crore scheme. The scheme was launched by the Prime Minister in the presence of municipal commissioners, mayors and state-government ministers and officials from across India.

1 COMMENT

  1. WHAT I UNDERSTAND, MODI SAHAB IS DESPERATE NOW TO COMPETE WITH THE STATE OF DELHI ………………………
    WHAT I AM AFRAID OF, MORE NaMo JI WILL HASSLE WITH HIS SMART CITY MISSION , MORE AND MORE POOR PEOPLE OF OUR COUNTRY WILL BE PUSHED TO THE CORNER !!!!!!!!!!!!!!!!!!!!!!!!!!!!

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