Presenting the Budget, Finance Minister Nirmala Sitharaman said cities are India’s “engines of growth, innovation and opportunities” and that the focus will now expand beyond metros to emerging urban centres that require modern infrastructure and basic amenities
The Indian government on Sunday proposed an outlay of ₹20,000 crore over the next five years to strengthen urban infrastructure in tier-II and tier-III cities, including temple towns, as part of a broader push to unlock their economic potential.
Presenting the Budget, Finance Minister Nirmala Sitharaman said cities are India’s “engines of growth, innovation and opportunities” and that the focus will now expand beyond metros to emerging urban centres that require modern infrastructure and basic amenities.
Under the plan, the Centre will identify and map City Economic Regions (CERs) based on specific growth drivers such as tourism, manufacturing, services or logistics.
An allocation of ₹5,000 crore per CER over five years has been proposed.
End of Article