During the Union Budget 2014 announcement, the middle class section has been widely focused. As the development reach an increasingly large number of people, the migration from rural areas to the city is increasing in to emerging a new section of middle class society. So as to satisfy the big aspirations with regards to the living standards of this new middle-class, new cities are being developed.
The Prime Minister is behind the vision of developing and modernizing with the introduction of smart cities. To provide the necessary growth of this project Arun Jaitley announced that Rs 7,060 crores has been provided in the current fiscal for development of the smart cities.
Get the live updates of Union Budget 2014 here
Watch the finance minister’s Budget Speech Live here.