What has happened in the Indian Smart City sector during the last year?

The Indian Smart City sector is one of the most interesting markets. Let´s know what happened during the last year

Smart Cities and India are words that, since some years ago, are clearly connected. PM Modi´s Government is boosting many plans to make India´s cities smarter for the next years. The growing population of India, that will reach, in some years, the first position as the most populated country in the world, displacing China, and the big problems of health, education, urban planning, security and environment are the key challenges that PM Modi needs to face for the next years. This is the scenario of the Indian Smart City sector.

That´s why today we are looking back to find out which were the most important decisions that were took, in 2015, in India for the Smart Cities market. Take a look:

Smart City Mission

Modi government declared the names of 98 cities selected for the ‘Smart City Project’. This is a flagship project which was announced by Prime Minister Narendra Modi after his government was sworn into power last year.

PM Modi’s Union Cabinet announced the approval of Rs 48,000 crore that will be allocated to the Smart Cities Project. The Union Development Ministry said that they will provide Rs 100 crore per city per year over the next five years.

Click on the bellow link to know all the programme details:

http://smartcities.gov.in/writereaddata/SmartCityGuidelines.pdf

Deen Dayal Upadhyaya Gram Jyoti Yojana

This scheme launched by the NDA government is an Indian program which aims to provide 24*7 power supply to all homes in rural India.

More info at:

http://pmindia.gov.in/en/tag/deendayal-upadhyaya-gram-jyoti-yojana/

Digital India Programme

Launched on July 1, 2015, the programme targets at empowering the nation digitally. The main aim of this programme is to ensure that government services are available to the citizens electronically and people get all the latest information and benefits of technology.

More info at:

Atal Mission for Rejuvenation and Urban Transformation (AMRUT)

This scheme launched by the NDA government deals with urban development and aims towards better living. It drives economic growth stressing on the need for people centric urban planning and development.

More info at:

Pradhan Mantri Awas Yojana (PMAY)

Launched on June 25, 2015, the PMAY is a Housing for All scheme which focuses to enable better living. The NDA government identified 305 cities and towns across nine states for implementation of this scheme.

More info at:

http://pmjandhanyojana.co.in/awas-yojana-housing-for-all-2022-scheme/