A total of 2,342 projects worth Rs 90,929 crore have been tendered under the Smart City proposal. Nearly 72 per cent of these or 1,675 projects worth Rs 51,866 crore are under implementation or have been completed, as on November 30, 2018. The pace of implementation of projects has picked up significantly during the last one year. There has been a 290 per cent increase in projects tendered, 332 per cent increase in projects grounded or completed and 479 per cent increase in projects completed since October 2017. According to the sources, a total of 5,151 projects worth Rs 2,05,018 crore have been included by the selected 100 cities in their Smart City proposals. These projects are executed through convergence of resources from central, state government or local body as well as externally funded schemes or projects. As per the Smart Cities Mission guidelines, the central government plans to give a financial support to the extent of Rs 500 crore to each of the selected 100 Smart cities over the mission period (2015 to 2020). The budgetary allocation since the launch of the mission in June 2015 till the current year (2018/19) is Rs 16,604.2 crore, of which Rs 14,221.20 crore have already been released under the mission so far. It takes around 12-18 months for a selected city to set up special purpose vehicle, procure project management consultant, hire necessary human resources, call tenders and issue work orders. The implementation plan is given by each Smart City in its Smart City Proposal. It also envisages around 20 per cent of funding through Public Private Partnerships (PPPs).