Allocation of 7060 Crores for Smart Cities

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..... Allocation of 7060 Crores for Smart Cities
News and Press Release
Dated:- 10-7-2014

The Finance Minister Shri Arun Jaitley has provided a sum of ₹ 7060 crores in the current finan .....

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..... cial year for developing 100 smart cities. Announcing in his maiden Budget Speech in the Parliament, Shri Jaitley said that the Prime Minister has a vision of developing one hundred 'Smart cities' as .....

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..... satellite towns of larger cities and by modernizing the existing mid-sized cities. The Finance Minister said that with development reaching an increasingly large number of people, the pace of migrati .....

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..... on from the rural areas to the cities is increasing. The new cities should be developed to accommodate the burgeoning number of people. Otherwise, the existing cities would soon become unlivable.
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..... News - Press release - PIB .....

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