Explain the smart city planning approaches in advanced economies
Answers
A Narendra Modi goverment on June 25 , 2015 , unveiled with much fanfare the smart cities mission , on of its marquee , initiative aimed at upgrading 100 cities .
The union government agreed to give each of the cities Rs 100 crore every year , with an equal contribution coming from the state government and the urban local body combined . SCM is carried out through a special purpose vehicle registered under the Companies Act , 2013 , instead of through a municiple corporation , and also in encourages privet investment .
Among the projects in SCM are affordable housing , intergrated multi - model transport , creation and preservation of open spaces , and waste and traffic management among others . The project focus either on a particular area of the city or the entire city .
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