Directions: Read the passage and answer the following question.

Statement: Prime Minister Narendra Modi is all set tomorrow to launch three mega flagship schemes aimed at transforming urban India, including the much talked about Smart Cities proposal, with a whopping Rs 4 lakh crore kitty having been lined up for the projects. Urban Development Minister States and local bodies will play a key role in the execution of these schemes, the minister said, adding that there will also be a lot of scope for private participation.

"Effective management of growing urbanization is a major challenge towards the making of resurgent India.  Resource management is a major challenge. The government, through these schemes, is looking to bring about a transformation of urban India with the critical goal of making the country an economic hub. Speaking at the event, Modi said, " The decision to make cities smart will be taken not by governments but by the people of the city, the local administration. Let there be competition between the cities in that smart cities come up".

Which of the following will be an effect of the initiative taken by the government?