France announces €100 mn loan to support India’s Smart Cities Mission
New Delhi, Nov 1: France has announced a €100 million loan to support India's flagship Smart Cities Mission and build on the CITIIS 1 programme.
France's Minister of State for Development, Francophonie and International Partnerships Chrysoula Zacharopoulou on Tuesday announced the conclusion of the Euro 100 million loan agreement between the French Development Agency (AFD) and the Indian government.
The loan supports India's innovative flagship Smart Cities Mission and builds on the CITIIS 1 programme, also supported by the European Union and implemented by the National Institute of Urban Affairs (NIUA), a think tank under the auspices of the Ministry of Housing and Urban Affairs, as per an official release.
CITIIS 1.0 programme, launched in 2018 has to date benefitted 12 city-lev...