- Definition: A mission to provide quality of life and employment/investment opportunities.
- Represented by four pillars of urban ecosystem: Institutional, Physical, Social, Economic infrastructure.
- Aim to Transform Urban Infrastructure:
- Operates as a Centrally Sponsored Scheme.
- Implemented through Special Purpose Vehicle (SPV) at city level.
- SPV plans, appraises, approves, releases funds, implements, monitors projects.
- Adopts “area-based development” approach (retrofitting, redevelopment, greenfield).
- Applies smart solutions using technology, information, and data.
- Aims to improve infrastructure and services.
- Transforms existing city areas (including slums) into better planned ones.
- Develops new areas to accommodate expanding urban population.