Smart Cities Mission gets second extension until June 2024
SMART CITIES

Smart Cities Mission gets second extension until June 2024

The mission was previously extended in 2021 until June 30, 2023, due to a delay in project completion caused by the Covid-19 pandemic.

The Union Housing and Urban Affairs Ministry has extended the Smart Cities Mission (SCM) for the second time by a year, until June 2024, officials said.

"We received requests from cities and Members of Parliament to give more time to complete the sanctioned projects," an official said.

Prime Minister Narendra Modi launched SCM in June 2015, with 100 cities chosen in two stages. The first phase of work under it was supposed to be completed by June 2021.

In 2021, the mission was extended until June 30, 2023, because of the Covid-19 pandemic, which caused a delay in the project's completion. "The cities were chosen in two stages, and development work or project implementation began at least 18 months after the selection process because cities had to first form Special Purpose Vehicles and meet other requirements," a second official explained.

According to the ministry's February report to Parliament, 7,804 projects worth 1,81,322 crore have been sanctioned under the mission in 100 cities. According to the ministry, 72% of the projects worth 1,07,000 crore are expected to be completed by April 30, 2023.

All 100 cities now have Integrated Command and Control Centres for data-centric solutions and improving municipal services as part of the mission. In 53 smart cities, 232 infrastructure development projects worth 15,006 crore have been undertaken, including multi-modal transport hubs, multi-level car parking, bike sharing, and so on.

The mission has been allocated 8000 crore for the years 2023-24. According to officials, the budgetary allocation is sufficient to complete the projects that have been sanctioned.

So far, 1104 smart mobility projects worth 22,785 crore have been completed as part of the mission, with 526 projects in advanced stages of development. Similarly, 984 public spaces in cities have been built at a cost of 5861 crore. Work is currently underway to create 343 more such spaces.

According to a third official, the cities were chosen in two stages and the process was completed in June 2018. It took cities time to form the Special Purpose Vehicles and plan projects. The development work in most cities is in the advanced stages.

Also Read
Jaiprakash Associates defaults on million loan repayment
Ujjain Invites Tenders For Procurement Of Sewer Cleaning Machine

The mission was previously extended in 2021 until June 30, 2023, due to a delay in project completion caused by the Covid-19 pandemic. The Union Housing and Urban Affairs Ministry has extended the Smart Cities Mission (SCM) for the second time by a year, until June 2024, officials said. We received requests from cities and Members of Parliament to give more time to complete the sanctioned projects, an official said. Prime Minister Narendra Modi launched SCM in June 2015, with 100 cities chosen in two stages. The first phase of work under it was supposed to be completed by June 2021. In 2021, the mission was extended until June 30, 2023, because of the Covid-19 pandemic, which caused a delay in the project's completion. The cities were chosen in two stages, and development work or project implementation began at least 18 months after the selection process because cities had to first form Special Purpose Vehicles and meet other requirements, a second official explained. According to the ministry's February report to Parliament, 7,804 projects worth 1,81,322 crore have been sanctioned under the mission in 100 cities. According to the ministry, 72% of the projects worth 1,07,000 crore are expected to be completed by April 30, 2023. All 100 cities now have Integrated Command and Control Centres for data-centric solutions and improving municipal services as part of the mission. In 53 smart cities, 232 infrastructure development projects worth 15,006 crore have been undertaken, including multi-modal transport hubs, multi-level car parking, bike sharing, and so on. The mission has been allocated 8000 crore for the years 2023-24. According to officials, the budgetary allocation is sufficient to complete the projects that have been sanctioned. So far, 1104 smart mobility projects worth 22,785 crore have been completed as part of the mission, with 526 projects in advanced stages of development. Similarly, 984 public spaces in cities have been built at a cost of 5861 crore. Work is currently underway to create 343 more such spaces. According to a third official, the cities were chosen in two stages and the process was completed in June 2018. It took cities time to form the Special Purpose Vehicles and plan projects. The development work in most cities is in the advanced stages. Also Read Jaiprakash Associates defaults on million loan repayment Ujjain Invites Tenders For Procurement Of Sewer Cleaning Machine

Next Story
Infrastructure Urban

CCI Approves PNC Infratech Acquisition of Jaiprakash Associates

The Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates Limited (JAL) by PNC Infratech Limited (PNC Infratech).The Proposed Combination involves PNC Infratech acquiring a minimum of 95 per cent and up to 100 per cent of JAL, either directly or through a special purpose vehicle wholly owned by the Acquirer. JAL is currently under the corporate insolvency resolution process governed by the Insolvency and Bankruptcy Code, 2016.PNC Infratech is a publicly listed infrastructure company in India, primarily executing Engineering, Procurement, and Const..

Next Story
Building Material

CCI Approves JSW Paints’ Stake Acquisition in Akzo Nobel India

The Competition Commission of India (CCI) has approved the acquisition of up to 75 per cent shareholding in Akzo Nobel India Limited (the Target) by JSW Paints Limited (the Acquirer).The proposed transaction involves the acquisition through a share purchase agreement and a mandatory open offer, collectively referred to as the Proposed Combination.JSW Paints is a public unlisted company engaged in the manufacture and sale of decorative paints and industrial coatings in India. It is part of the JSW Group, which operates across sectors including steel, energy, infrastructure, cement, paints, real..

Next Story
Infrastructure Urban

CCI Approves Triumph Composites’ Acquisition of Owens-Corning India

The Competition Commission of India (CCI) has approved the proposed acquisition of the entire shareholding of IPM Inc. and OC NL Invest Cooperatief U.A. (OC India Sellers) in Owens-Corning (India) Pvt. Ltd. by Triumph Composites Pvt. Ltd. and Quartz Fibre Private Limited.Triumph Non-Ionics Private Limited (now Triumph Composites Private Limited) along with 3B Lux S.À R.L, Owens Corning, Artek US Holding Corp., and Ayana Chemicals Singapore Pte. Limited entered into a Master Share Purchase Agreement (MSPA) on 13 February 2025. Under the agreement, the parties agreed to the sale of Owens Cornin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?