Uploaded on 2020-05-15 by BOGGU SIREESHA

100 Smart Cities Mission" was launched by Prime Minister Narendra Modi on 25 June 2015.[9] A total of ₹98,000 crore (US$14 billion) was approved by the Indian Cabinet for the development of 100 smart cities and the rejuvenation of 500 others. ₹48,000 crore (US$6.7 billion) for the Smart Cities mission and a total funding of ₹50,000 crore (US$7.0 billion) for the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) have been approved by the Cabinet.[10][11] In the 2014 Union budget of India, Finance Minister Arun Jaitley allocated ₹7,016 crore (US$980 million) for the 150 smart cities. However, only ₹924 crore (US$130 million) of the allocated amount could be spent until February 2015. Hence, the 2015 Union budget of India allocated only ₹143 crore (US$20 million) for the project.[11] The first batch of 20 cities was selected. Known as 20 Lighthouse Cities in the first round of the All India City Challenge competition, they will be provided with central assistance of ₹200 crore (US$28 million) each during this financial year followed by ₹100 crore (US$14 million) per year during the next three years.[12] The Urban Development Ministry had earlier released ₹2 crore (US$280,000) each to mission cities for preparation of Smart