Nearly Rs 2 lakh crore investment proposed for 90 smart cities: Union Minister Hardeep Puri

In a tweet, Rahul Gandhi earlier said that the government utilised only 7 per cent of the Rs 9,860 crore allotted for the Smart Cities scheme.

Published: 01st January 2018 10:56 PM  |   Last Updated: 01st January 2018 10:56 PM   |  A+A-

Urban Development Minister Hardeep Puri (Photo | PTI)

By IANS

NEW DELHI: An investment of Rs 1,91,155 crore has been proposed for the 90 cities under the Smart Cities project, Urban Development Minister Hardeep Puri said on Monday, a day after Congress President Rahul Gandhi said only seven per cent of funds for the project had been used.

An official statement issued on Monday quoted the Minister's address to a meeting of the Parliamentary consultative committee attached to the Ministry of Housing and Urban Affairs on December 28, which said projects worth Rs.1,35,459 crore in 2,855 projects were in various stages of implementation.

While 147 projects worth Rs.1,872 crore have been completed and 396 projects with a cost of Rs 14,672 core are currently under implementation, further tendering has started for 283 projects at a cost of Rs.16,549 and detailed project reports are being prepared for 2,029 projects worth Rs.1,02,366 crore.

In a tweet, Rahul Gandhi said the government utilised only 7 per cent of the Rs 9,860 crore allotted for the Smart Cities scheme.

"Dear Modi bhakts, Out of 9,860 crores for the Smart Cities only 7% has been used. China is out competing us while your master gives us empty slogans," Rahul Gandhi said in a tweet.

Puri also said that so far 77 Smart Cities, including 11 of the Round 3 cities, had formed their Special Purpose Vehicle (SPV).

The implementation of the Smart Cities Mission will be done by an SPV, to be set up at city level in the form of a limited company under the Companies Act, 2013, and is to be promoted by the state or Union Territory and the Urban Local Body (ULB) jointly, with both having 50:50 equity shareholding.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp