KBC Offline Quiz: The National Smart Cities Mission was launched in which year by the Government of India?
2011
2015
2019
2022
Answer: 2015
The National Smart Cities Mission was launched in 2015 by the Government of India.
By encouraging local area development and utilizing technology, particularly technology that leads to Smart, the Smart Cities Mission seeks to promote economic growth and enhance people’s quality of life.
Through the use of “smart solutions,” the Mission’s primary goal is to encourage the development of cities that offer basic services, a healthy environment, and decent quality of life for their residents. Through extensive work on the social, economic, physical, and institutional foundations of the city, The Mission seeks to promote economic growth and enhance quality of life. The goal is to create reproducible models that serve as beacons for other aspirant cities, with an emphasis on sustainable and inclusive development. A two-stage competition resulted in the selection of 100 localities to be developed as Smart Cities.
Operating as a Centrally Sponsored Scheme, the Mission. Over the course of five years, the Central Government will provide financial support of Rs. 48,000 crores, or on average Rs. 100 crore per city, every year. The State/ULB shall contribute an equal amount on a matching basis. Through convergence, additional funds will be obtained through ULBs’ own funds, grants from the Finance Commission, creative financing methods including municipal bonds, other government programs, and borrowings. Through Public Corporate Partnerships, the private sector’s involvement has been highlighted (PPP). The selected cities’ Smart City Proposals (SCPs) were created with the aspirations of the citizens in mind. At the national level, these bids included approximately 5,000 projects totaling more than Rs. 2,000 crores.
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