Of late, the pace of implementation of Smart City projects is picking up. The Smart City Mission was launched in June 2015 and in the last 15 months, there has been 183% growth in projects tendered, 224% growth in projects grounded/completed and 284% growth in projects completed. This information was given by the Minister of State (Independent Charge) of the Ministry of Housing and Urban Affairs, Shri Hardeep Singh Puri.
Till date, 4,178 projects worth Rs. 1,49,512 crore have been tendered out, which is about 73 per cent of the total value of projects. Out of these, the work orders have been issued for 3,376 projects worth Rs. 1,05,458 crore and 1,296 projects worth Rs. 23,170 crore have been completed. In all, a total of 5,151 projects worth of Rs. 2,05,018 crore have been proposed by the 100 Smart Cities as part of their Smart City Proposals (SCPs) that are under various stages of implementation.
Madhya Pradesh with 265 completions leads the list followed by Karnataka (193) and Uttar Pradesh (136). In case of Andhra’s Amaravati, though 25 work orders have been issued, till date not even a single project has been completed. Among the cities, Indore has the distinction of completing largest number of projects, that is, 154 projects followed by Belagavi (86) and Delhi’s NDMC (80). In terms of value too Madhya Pradesh has completed Rs 5,275 crore worth projects followed by Uttar Pradesh (Rs 4835 crore) and Gujarat (Rs 3,464 crore). In J&K, not even a single project has been completed so far.
As per Smart Cities Mission Statement and Guidelines, the Central Government proposes to give financial support to the extent of Rs. 48,000 crore over five years i.e. an average of Rs. 500 crore per city over the Mission period. An equal amount on a matching basis, is to be provided by the State/Urban Local Bodies. Apart from these, around Rs. 42,028 crore (21%) is expected from convergence with other Missions, Rs. 41,022 crore (21%) from PPP, around Rs. 9,843 crore (4.8%) from loans, Rs. 2,644 crore (1.3%) from own resources and remaining from other sources.