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News:
- Shillong has been selected as the 100th city under the Smart Cities Mission.
Important Facts:
- The announcement sets the end date for the mission as June 2023
- Every selected city will get five years to complete its projects.
- The first 20 cities were selected in January 2016.
- The selected city will require to set up a Special Purpose Vehicle to carry out the mission.
- Status of Smart Cities Mission:
- The Ministry of Housing and Urban Affairs has said that until May 2018 about 2.5% fund (approx. Rs. 5,225 crore) has been spent on 316 completed projects.
- Another 632 projects are under implementation at a cost of about Rs. 25,000 crore.
- The total proposed investment in the 100 cities will be Rs. 2.05 lakh.
