💨 Abstract

The Smart Cities Mission (SCM), ending on 31 March, raises uncertainty over the future of Special Purpose Vehicles (SPVs) set up in 100 cities to execute projects and manage infrastructure created under the mission. Launched in 2015, SPVs, joint ventures between municipal corporations and state governments, have played a crucial role in implementing Smart Cities Mission projects.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖