Smart City Yojana is one of the most favorite and ambitious project of Indian Government, the main motive of this Scheme is to build Smart Cities in India so Indian can stand of Global Platform and attracts more Tourists, Investors in the country. Prime Minister Narendra Modi introduced the world about this Scheme.
The emergence of the idea of the smart city ought to be seen in the backdrop of the need to contain corruption and meet the requirement of adequate and efficient service delivery in urban areas using information and digital technologies. The success of the programmes will be judged in future by its power to transform the life of the people, and their ability to reduce growing inequality in our society.
The main features of Smart City Yojana are as follows-
As per the Govt the initial cost of Smart City Yojana is 7,000 Crores INR. But Govt also inform that the project may goes upto 7,00,000 Crores at the final phase means when this project will end. The amount and total budget set by under the guidance of Ministry of Finance and Finance Minister, Mr. Arun Jaitley.
“The old city of concrete, glass and steel now conceals a vast underworld of computer and softwares. The new city, on the other hand, is a digital upgrade to our built legacy giving rise to a new wind of city’- we may call it a smart city”
The implementation of the Smart Cities Mission will be carried out by a Special Purpose Vehicle (SPV) headed by a full-time CEO with nominees of Central, State and Local Governments. The SPV will be a limited company under the Companies Act, 2013 at the city-level. At the city level, a Smart City Advisory Forum will be established for all 100 Smart Cities to advise and enable collaboration among various stakeholders and will include the District Collector, MP, MLA, Mayor, CEO of SPV, local youths and citizens and technical experts.
The Smart Cities Mission requires smart people to participate actively in governance and reforms. The participation of smart people will be enabled by the SPV through increasing use of ICT, especially mobile-based tools. The Central Government will provide Rs 194 crore as grant initially with an equal matching grant from the state government. The future grants to the smart city depend upon performance. The 100 smart cities will be selected based on competition inviting Smart City Proposal.