The implementation of the Mission at the City level will be done by a Special Purpose Vehicle (SPV) created for the purpose. The SPV will plan, appraise, approve, release funds, implement, manage, operate, monitor and evaluate the Smart City development projects. Each smart city will have a SPV which will be headed by a full time CEO and have nominees of Central Government, State Government and ULB (Urban Local Bodies) on its Board. The SPV will be a limited company incorporated under the Companies Act, 2013 at the city-level, in which the State/UT and the ULB will be the promoters having 50:50 equity shareholding.
Which bank has launched a facility through which customers can now use Voice Biometric authentication for logging into the mobile banking app?
The Ministry of Housing and Urban Affairs recently commemorated the 9th anniversary of three major initiatives on June 25, 2024. Which one of the follow...
Which bank has launched a coffee table book titled 'The Banker to Every Indian' to celebrate 75 years of Indian independence?
What is the cost of each compressed biogas plant being set up by Reliance Industries in Andhra Pradesh?
What is the primary focus of the G20 Technical Workshop on "Climate Resilient Agriculture" being organized by the Department of Agricultural Research an...
What are the predominant colors in the Mastercard logo design?
The disbursal of Pradhan Mantri Mudra Yojana (PMMY) loans increased to _______in the first quarter of FY24, compared to ₹62,650 crore in the same quar...
Yanam, world’s first science film on ‘Mangalyaan Mission’ is made in which language?
Which national symbols are depicted in the design of the chambers of the new Parliament building inaugurated by Prime Minister Narendra Modi?
Who is Mexico's newly elected president?