Key smart city projects are likely to be cleared for administrative sanction by the Board of Directors of Chennai Smart City Ltd. on Wednesday, said sources in the Chennai Corporation. Wednesday’s meeting will be the fourth board meeting of Chennai Smart City Ltd. Challenges to the implementation of Smart City Mission projects include opposition from traders in T.Nagar, hurdles in revision of parking charges for the city, implementation of Metro Rail project, lack of interest among other stakeholders in the private sector to support the projects, inadequate funding for smart city proposals and resettlement of hawkers. This year Chennai is likely to spend only around ₹100 crore for projects under the Smart City Mission. 41 projectsOfficials say that at least 41 Smart City projects are expected to be implemented at an estimated cost of ₹1,300 crore in the city in the years to come.

Source: The Hindu May 23, 2017 19:18 UTC