Green Urban Transport Scheme to cost around Rs.80,000 crore
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“The file has been sent to the ministry of finance for approval. The funding of the scheme will be 50:50 between states and the central government. The central government has proposed a grant of Rs.25,000 crore, rest may come from multi-lateral banks and state governments,” said the official.
Around 105 cities will participate in the scheme which will be selected on the lines of ‘Smart City Challenge’, wherein each city will present its credentials to get the central assistance. The plan is expected to encourage private investments in climate-friendly and sustainable public transport systems such as Metro rail, non-motorised transport and other low-carbon emitting systems in urban areas.
“Cities having population more than a million will compete to get funds for the scheme. A competition on the lines of Smart City Challenge will be organised in which the cities would be asked to give proposals,” said another government official on condition of anonymity.
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“This scheme will help commuters to get first and last mile connectivity which will also help to reduce carbon emissions. Focus will be on sustainable urban mobility, facilities for pedestrians, cyclists, electric buses, Bus Rapid Transit System, urban freight management and transit-oriented development,” the second official said.
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I don't think all 105 cities are of more than 1 million population.