(The Hindu) 100 Smart City Project, AMRUT, Earthquake Risk
Cabinet cleared 100 Smart City Project & AMRUT
| 100 Smart City Project | AMRUT |
|---|---|
| Atal Mission for Rejuvenation & Urban Transformation | |
| Rs. 48000 crore (outlay) | Rs. 50000 crore (outlay) |
| Obj. : Recasting the urban landscape of the country by making cities more liveable & inclusive besides driving economic growth. | Replacing JNNURM |
| Central assistance of Rs. 100 crore per year for 5 years for 100 cities. | Projects under JNNURM having physical work completed > 50% will be supported till March 2017 |
Raising funds through :
- SPV
- PPP
Smart city, aspirants will be selected through a ‘City Challenge Competition’
Earthquake Risk = (magnitude of earthquake (~)) x (probability of EQ (~)) x (Social Fragility(*))
(~) = Cannot be reduced
(*) = Can be reduced
April 30 , 2015
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