“The proposed outlay of ₹20,000 crore over the next five years for developing City Economic Regions marks a decisive shift in India’s urban growth narrative. By consciously focusing on tier-two, tier-three cities and even temple towns, the Budget recognises that the next wave of India’s economic momentum will come from beyond the metros. Cities are not just population centres; they are powerful engines of innovation, employment and productivity, and this initiative smartly aims to unlock the power of urban agglomerations by aligning infrastructure investments with each city’s unique growth drivers.

For India to truly build smart cities, the emphasis must go beyond digital solutions and focus equally on resilient physical infrastructure—especially water management, energy efficiency and sustainable utilities. Modern cities need intelligent pumping systems, efficient water supply, wastewater management and climate-ready infrastructure to support growing populations and industries. The challenge-based allocation of ₹5,000 crore per City Economic Region encourages competition, innovation and outcome-driven planning, which is critical for long-term success.

This approach can transform emerging cities into self-sustaining economic hubs, improve quality of life for citizens and attract private investment. If implemented with strong public-private collaboration and a focus on sustainability, this initiative can redefine smart city development in India—making growth more inclusive, resilient and future-ready.

Being part of CII National startup council… Add something about start-up as well may be on these lines this budget is as a start-up “India’s startup problem is not ideas or talent — it’s cost of capital and cash-cycle friction. Unless the budget fixes GST refund timelines, ESOP taxation at liquidity, and R&D cash incentives, innovation-led startups will keep growing slower than their global peers