Smart City Mission is the Government of India initiative to equip 100 cities of the country with core infrastructure and upgrade the quality of life by harnessing information and communication technologies in service delivery and resource consumption. Prime Minister Narendra Modi Launched "100 Smart Cities Mission" on 25 June 2015.

Coverage and Duration

Smart City Mission is a five year programme. The Union Ministry of Urban Development is responsible for implementing the mission in collaboration with the state governments of the respective cities. The mission will cover 100 cities and its duration is from FY 2015-16 till FY 2019-20. The mission may be continued thereafter in the light of evaluation to be done by the Ministry of Urban Development (MoUD) and incorporating the learnings into the Mission.

Smart City Mission Funding

The Smart City Mission is operated as a Centrally Sponsored Scheme (CSS). The Central Government proposed to give financial support to the Mission to the extent of 48,000 crores over five years i.e on an average Rs 100 crore per city per year. An equal amount, on a matching basis, will have to be contributed by the State/Urban Local Body. Therefore, nearly Rupees One Lakh crore of Government/ULB funds will be available for smart city development.

Smart City Challenge

This was the first time, Ministry of Urban Development (MoUD) program has used a competition- based method as a means of selecting cities for funding. MoUD distributed letter to all states to organize intra-state competition so that the can make list of cities which has potential to be ‘smart’. Based on list of nominated cities sent from state governments, Ministry shortlisted ‘100 potential smart cities’. Each potential smart city were asked to submit a smart city proposal. Based on these list of 100 smart cities declared. Patna was selected in the third round of smart city challenge. Other cities from Bihar are Bhagalpur, Muzaffarpur and Biharsharif .

Special Purpose Vehicle

Selected smart cities will implement the mission through a Special Purpose Vehicle( SPV). It is a limited company incorporated under the Companies Act, 2013. Each city has its separate SPV. The State/Union Territory and the Urban Local Body are the promoters having 50:50 equity shareholdings. Patna, selected for smart city mission has SPV named Patna Smart City Limited (PSCL).