Cabinet approves City Investments to Innovate, Integrate and Sustain 2.0 (CITIIS 2.0) from 2023 to 2027
What is CITIIS 2.0?
CITIIS 2.0 is a program conceived by the Ministry of Housing and Urban Affairs (MoHUA) in partnership with:
- the French Development Agency (AFD),
- Kreditanstalt für Wiederaufbau (KfW),
- the European Union (EU), and
- National Institute of Urban Affairs (NIUA).
The program will run for a period of four years, i.e., from 2023 till 2027.
The program envisages to support competitively selected projects promoting circular economy with 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.
- CITIIS 2.0 aims to leverage and scale up the learnings and successes of CITIIS 1.0.
- The funding for CITIIS 2.0 would include:
- a loan of Rs.1760 crore (EUR 200 million) from AFD and
- KfW (EUR 100 million each) and
- a technical assistance grant of Rs.106 cr. (EUR 12 million) from the EU.
CITIIS 1.0 was launched jointly in 2018 by MoHUA, AFD, EU, and NIUA, with a total outlay of ₹933 crore (EUR 106 million).
CITIIS 1.0 consisted of three components:
Component 1: 12 city-level projects selected through a competitive process.
Component 2: Capacity-development activities in the State of Odisha.
Component 3: Promoting integrated urban management at the national level through activities undertaken by NIUA, which was the Program Management Unit (PMU) for CITIIS 1.0
- It has resulted in the mainstreaming of innovative, integrated and sustainable urban development practices through a unique challenge-driven financing model based on the principles of competitive and cooperative federalism.
- CITIIS 2.0 will supplement the climate actions of Government of India through:
- its ongoing National programs (National Mission on Sustainable Habitat, AMRUT 2.0, Swachh Bharat Mission 2.0 and Smart Cities Mission),
- contributing positively to India’s Intended Nationally Determined Contributions (INDCs) and Conference of the Parties (COP26) commitments.
SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB