India provides Rs 382 bn opportunities in Smart Cities Mission

Fri, 2019-02-08 11:16 -- SCC India Staff

SCM

Under the Smart Cities Mission (SCM), 100 Smart Cities have been selected in four rounds based on All India Competition. All 100 cities have incorporated Special Purpose Vehicles (SPVs).

Since the launch of the mission 5,151 projects identified by the cities worth more than Rs 2 lakh crore are in various stages of implementation in the 100 cities. Around 534 projects worth Rs 10,116 crore have been completed, implementation has commenced for 1,177 projects with a cost of Rs 43,493 crore and tendering have started for 677 projects with a cost of Rs 38,207 crore. The progress with respect to the implementation of projects pertaining to smart solutions, smart roads, smart water, solar rooftops is given below:

For Smart Command & Control Centers, projects worth Rs 1,558 crore in 11 cities have been completed; projects worth Rs 3,049 crore in 29 cities are under progress; further tenders have been issued for projects worth Rs 2,730 crore in 21 cities.

For Smart Roads, projects worth Rs 228 crore in four cities have been completed; projects worth Rs 3,819 crore in 34 cities are under progress. Further tenders have been issued for projects worth Rs 2,069 crore in 10 cities.

For Smart Water, projects worth Rs 902 crore in 18 cities have been completed; projects worth Rs 5,961 crore in 35 cities are under progress. Further tenders have been issued for projects worth Rs 921 crore in 17 cities.

For Solar, projects worth Rs 58 crore in eight cities have been completed; projects worth Rs 828 crore in 42 cities are under progress. Further tenders have been issued for projects worth Rs 300 crore in nine cities.

For Visible and impactful, projects worth Rs 179 crore in 16 cities have been completed; projects worth Rs 3,701 crore in 32 cities are under progress. Further tenders have been issued for projects worth Rs 2,828 crore in 20 cities.

Value Capture Finance (VCF) Policy Framework was released by the Ministry on February 28, 2017. It is an important tool for generating much needed additional finances required by the States / Cities for funding the infrastructural investments. So far 17 States have already engaged professional firms for preparing the VCF framework. This is expected to help the States generate additional revenue.

Other significant initiatives under the Smart Cities Mission The “Ease of Living” Index is an initiative of the Ministry of Housing and Urban Affairs (MoHUA) to help cities assess their livability vis-à-vis global and national benchmarks and encourage cities to move towards an ‘outcome-based’ approach to urban planning and management.

It was decided in June 2017 to rank 116 cities based on the livability parameters. The implementation of the assessment commenced formally on January 19, 2018. The Ministry has launched the outcome/rankings of 111 cities on the Ease of Living index on August 13, 2018.

The framework covers all the critical pillars of urban development (Physical, Institutional, Social and Economic) and uses 78 indicators across 15 categories (governance, identity and culture, education, health, safety and security, economy, affordable housing, land use planning, public open spaces, transportation and mobility, assured water supply, waste-water management, solid waste management, power, and quality of environment).