Question
Consider the following statements about the Smart Cities
Mission: The mission is entirely funded by the central government. Each smart city has a Special Purpose Vehicle (SPV) for implementation. The mission has a fixed template for all cities to follow.Solution
The Smart Cities Mission funding is shared between the central and state governments. Each smart city does have an SPV to plan, appraise, approve, release funds, implement, manage, operate, monitor and evaluate theSmart City development projects. The mission encourages cities to develop their own unique vision and strategies.
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