The Urban Development Ministry announced the names of cities being selected for the NDA government's flagship Smart City project. Center has earmarked Rs 48,000 crore for development of 100 smart cities
In the first phase, Center will pick 20 cities and in the next two years 40 cities each will be selected for receiving Central funding of Rs 500 crore spread over the next five years. Each smart city would get a Central assistance of Rs 100 crore per year for five years.
While Uttar Pradesh has bagged the maximum number of smart cities projects at 13, Tamil Nadu has got 12 and Maharashtra 10, 3 each from Bihar& Andhra Pradesh, Madhya Pradesh will have 7 smart cities and Gujarat and Karnataka will have 6 each.
Of the 98 smart cities, 24 are business and industry centres, 18 are cultural and tourist centres & 3 are education and health care hubs