The Indian government announced on 22 of January 2016 "The list of first 20 smart cities that are going to be funded in the fiscal year 2016"!The selection of the first twenty smart cities above came through a rigorous process of evaluation of panel of experts , including World Bank,London school of economics and National Institute of Urban affairs.

In the first year i.e 2016 , Government confirms to give Rs.200 crore to each selected smart city to create a higher initial corpus. The initiative presents a huge opportunity for the developed countries to invest in building in these smart cities.

Please find the pdf attached for further information.

(RK) 4-Feb-2016

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