Budget 2014: Rs. 50,000 crore set aside for a four-point urbanization plan

In his maiden speech at the Union Budget 2014, finance minister Arun Jaitley mentioned the need to make Indian cities and towns undergo urban renewal.

He mentioned a four-point agenda to achieve this end – the provision for safe drinking water and sewerage management, the use of recycled water for growing organic fruits and vegetables, solid waste management and digital connectivity.

The finance minister has allocated funds of Rs. 50,000 crore towards urban renewal.