Prime Minister Narendra Modi launched 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. Stating that this is the first time in India we are planning to develop 60 cities simultaneously, Modi aadded, "This is not just a paper based programme. Stake holders of all kinds have been consulted, including financial world. This Government is committed to safeguarding the rights of the consumers at all times.