Ministry of Housing and Urban Affairs (MoHUA) and the World Bank, for the Smart Cities selected in Round l, Fast Track Round and Round 2, are partnering to design a performance-based program with a total outlay of US$ 500 million of which around US$480 million will be available as performance based incentive grants, and the balance would be available for specific demand-driven capacity building and project management support at state level as well as at the SPV level. The performance-based incentive grants will be disbursed to select SPVs on achievement of pre-determined performance measures/results. Funding under this program will be additional to the funding available under the Smart City Mission.
To facilitate the screening of States/UTs and shortlisting of SPVs interested in participating in India Smart Cities Program (ISCP), a screening framework has been prepared. The screening framework comprises of three sections. Part A of the screening framework lists mandatory conditions for access to the Program. Part B presents the criteria for screening of States/UTs, while Part C presents the criteria for shortlisting of SPVs. All information furnished by states/UTs/SPVs should be presented as of 30th November 2017.
The last date for receiving the submission from the States/UT is 11th December 2017. A detailed note on the program along with Screening framework is attached.
Based on the requests received from Cities/States' it has now been decided to extend the date of submlssion of entries from 11th December 2017 to 26th December 2017. All information furnished by States/UTs/SPVs should now be presented as of 15th December 2017 instead of 30th Novembet 2017.
The last date of submission of entries has been extended to 02nd January 2018 (All information furnished by States/UTs/SPVs should be presented as of 15th December 2017).