Urban Local Bodies ULB Launched by Central Government
Like the smart city plan, to highlight the cities, the central government is going to introduce ULB scheme — similar scheme for urban local bodies. After this, the scheme will rank the states through national level competition. Accordingly, all the states will compete in this competition of urban reforms based on their performance-based efforts. Apart from this, the World Bank will provide funding for this central plan.
The Central Government will implement this scheme during the financial year 2018–19, in the first phase, 5 states (1 in the Northeast) will get US $ 500 million and in the second phase, the other 8 states will get a profit of 1 billion US dollars.