Bloomberg Philanthropies to cooperate in conducting cities challenge competition for Smart City programme

Q.  Whose offer has been approved by the Ministry of Urban Development for cooperation in conducting the ‘Cities Challenge’ competition to select the cities for financing under the Smart Cities Mission of the Government?
- Published on 14 May 15

a. Bloomberg Philanthropies
b. BBC
c. Future Group
d. None of these

ANSWER: Bloomberg Philanthropies
 
Bloomberg Philanthropies will act as Knowledge Partner for the Smart Cities Mission. The Mission for building 100 Smart Cities was approved by the Union Cabinet on April 29, 2015. Under this Mission, central government will spend Rs. 48,000 Cr. over the next five years for providing an assistance of Rs.100 cr per year for each selected city.

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