"The proposal will be finalised after taking views from the concerned stakeholders. It will be implemented after the cabinet approval," Minister of State for Urban Development Rao Inderjit Singh said during Question Hour.
MPs can send their suggestions, if any, he said.
Highlighting the key features of the proposed scheme, the Minister said it would be implemented on a pilot basis initially in 103 cities and capital cities having more than five lakh population. Later, other cities will be covered.
About Rs 70,000 crore funds would be required to implement the scheme, he said.
"It is proposed that 10 per cent will be given by urban local bodies, 30 per cent each by the Centre and states and the rest would be raised as loan by multi-lateral agencies," he said.
The proposed scheme would involve setting up of footpaths, cycle tracks, public bike sharing, bus rapid transit (BRT) systems, intelligent transport system, urban freight management and innovating financing for transport systems and progressively shift to usages of hybrid/electric and non-fossil fuels for public transport.
Replying to a supplementary query on BRT, the Minister said in Delhi, BRT had to be removed due to opposition. But it has been successful in other cities, Singh added.