A capacity building programme for building 100 smart cities needs to include training, education, research, funding, knowledge exchange and the creation of a national database. The programme also needs to lay down an approach for financing smart city projects with a clear understanding of area-based development and a process for stakeholder engagement. The Government has taken up a mega-programme for developing 100 Smart Cities and also rejuvenating and transforming 500 cities in the country. An amount of R98000 crores (approx $16 billion) has been earmarked for this programme over the next five years. The State Governments are expected to contribute a matching amount. A large programme of this nature has been necessitated due to a realisation that improving our urban areas is critical for the future economic development of the country. It has also been recognised that building our urban areas needs a massive effort at capacity building.