i. Prime Minister Narendra Modi on Thursday unveiled three mega flagship schemes aimed at developing cities and towns as “new engines for growth”.
ii. The three projects — 100 smart cities, Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and Housing for All – will ring in a new urban era, which will entail an investment of over Rs 3 lakh crore in the next five years.
iii. The Smart City project seeks to enhance quality of life in 100 selected cities with 24 hour water and power supply, world class transportation system, better education and recreational facilities, e-governance and environment-friendly atmosphere, among others. The Smart City project will be based on PPP model, Naidu said.
iv. AMRUT seeks to ensure basic infrastructure for 500 cities with a population of above one lakh. Ensuring water supply to each household, sewer connections, sanitation and solid waste management, provision for roads and public transportation beside implementation of reforms in urban governance would be the focus under the scheme.