City shift: Housing ministry lays roadmap for Smart Cities SPVs beyond mission deadline; new advisory proposes five-pronged role in urban development – Times of India
The ministry of Housing and Urban Affairs on Tuesday issued a detailed advisory to repurpose the Special Purpose Vehicles (SPVs) created under the Smart Cities Mission, aiming to leverage their institutional capacity for long-term urban transformation even after the scheme’s closure on March 31. The advisory encourages states and Union Territories to identify pressing urban…