+
Tamil Nadu tops in smart city fund utilisation
SMART CITIES

Tamil Nadu tops in smart city fund utilisation

Tamil Nadu tops the list of states so far as utilisation of funds under the government’s flagship Smart City Mission is concerned. While Tamil Nadu has spent over Rs 3,932 crore out of the Rs 4,333 crore released by the Centre, Uttar Pradesh is at second position with utilisation of Rs 2,699 crore out of the Central share release of Rs 3,142 crore.

The Central government launched the Smart Cities Mission (SCM) on 25 June, 2015. Hundred smart cities have been selected through four rounds of competition from January 2016 to June 2018. As per SCM guidelines, the Central government will provide financial support to the extent of Rs 48,000 crore over five years which is on an average Rs 100 crore per city per year. The state government or urban local body will contribute an equal amount on a matching basis.

As on 8 July 2022, the Centre has released Rs 30,751.41 crore for 100 smart cities, out of which Rs 27,610.34 crore (90%) has been utilised.

Tamil Nadu tops the list of states so far as utilisation of funds under the government’s flagship Smart City Mission is concerned. While Tamil Nadu has spent over Rs 3,932 crore out of the Rs 4,333 crore released by the Centre, Uttar Pradesh is at second position with utilisation of Rs 2,699 crore out of the Central share release of Rs 3,142 crore. The Central government launched the Smart Cities Mission (SCM) on 25 June, 2015. Hundred smart cities have been selected through four rounds of competition from January 2016 to June 2018. As per SCM guidelines, the Central government will provide financial support to the extent of Rs 48,000 crore over five years which is on an average Rs 100 crore per city per year. The state government or urban local body will contribute an equal amount on a matching basis. As on 8 July 2022, the Centre has released Rs 30,751.41 crore for 100 smart cities, out of which Rs 27,610.34 crore (90%) has been utilised.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?