NE region wants 90:10 funding ratio for smart city project

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    Tripura Chief Minister, Manik Sarkar has requested Urban Development Minister M. Venkaiah Naidu to share the investment in smart city projects for the northeastern states by adopting a 90:10 ratio — 90 per cent by the central government and 10 per cent by the state. The present funding pattern for the smart city project is on a 50:50 basis between the central government and the states. Three cities in the northeastern region — Guwahati (Assam), Imphal (Manipur) and Agartala (Tripura), have been selected for the implementation of the ambitious smart city plan so far. Other cities of northeastern states that participated in the fast-track competition, included Shillong (Meghalaya), Aizawl (Mizoram), Kohima (Nagaland) and Pasighat (Arunachal Pradesh). These cities failed to fulfil the stipulated criteria and can submit their revised smart city plans for evaluation in the third round of competition likely to be held a few months later. The Tripura Chief Minister also requested the Urban Development Minister to give relaxation in the centre-state funding pattern for northeastern states in the implementation of the Pradhan Mantri Awas Yojana (Urban), Atal Mission for Rejuvenation and Urban Transformation, Swachh Bharat Mission and Heritage Development and Augmentation Yojana.

    Source: economictimes.indiatimes.com
    Image source: smartcitiesprojects.com

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