CITIIS
2.0 – POLITY
News: City Investments to Innovate,
Integrate and Sustain 2.0
What's
in the news?
● Recently,
the Government has approved the ‘City Investments to Innovate, Integrate and
Sustain 2.0 (CITIIS 2.0)’.
Key
takeaways:
● The
CITIIS 2.0 will be implemented in 18
cities which would be selected based on a competition.
CITIIS
Project:
Aim:
● To
support competitively selected projects promoting
circular economy with a focus on integrated waste management at the city
level, climate-oriented reform actions at the state level, and institutional
strengthening and knowledge dissemination at the national level.
Timeline: 2023-27
Nodal
Ministry: Ministry of Housing and Urban Affairs
Implementation:
● It
is a joint program of the Ministry of
Housing and Urban Affairs, Agence Francaise de Development (AFD), the
European Union (EU), and the National Institute of Urban Affairs (NIUA).
● The
funding for CITIIS 2.0 would include a loan of Rs 1760 crore from AFD and KfW,
split equally, and a technical assistance grant of Rs 106 crore from the
European Union.
Features:
The CITIIS 2.0 has three major components such as
Targeted
Sectors:
The projects would be in four sectors such as
Go
back to basics:
CITIIS
1.0:
● The
first phase of CITIIS had a total outlay of Rs 933 crore.
● It
was launched in July 2018 with projects in
12 cities namely Agartala, Amaravati, Amritsar, Bhubaneshwar, Chennai,
Dehradun, Hubbali-Dharwad, Kochi, Puducherry, Surat, Ujjain and Visakhapatnam.
Further
Reference:
CITIIS