<h1>Finance Minister Allocates Rs. 7060 Crores for 100 Smart Cities to Manage Urban Migration and Prevent Overcrowding.</h1> The Finance Minister announced an allocation of Rs. 7060 crores for the development of 100 smart cities in the current financial year. This initiative aims to create satellite towns around larger cities and modernize existing mid-sized cities. The plan is part of a vision to manage the increasing migration from rural areas to urban centers. The development of new cities is intended to prevent existing cities from becoming overcrowded and unlivable. This announcement was made during the Finance Minister's first Budget Speech in Parliament.