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What is the percentage change in allocation for the Smart Cities Mission in India from the Revised Estimates of 2023-24 to the Budget Estimates o
Question

What is the percentage change in allocation for the Smart Cities Mission in India from the Revised Estimates of 2023-24 to the Budget Estimates of 2024-25?

A.

-80%

B.

-50%

C.

-70%

D.

-60%

Correct option is C

The correct answer is (C) -70%

Explanation:

  • Revised Estimates 2023-24: ₹8,000 crore

  • Budget Estimates 2024-25: ₹2,400 crore

  • Percentage Change=(Old ValueNew ValueOld Value)×100Percentage Change=( Old ValueNew Value−Old Value​ )×100

    Percentage Change=(800024008000)×100=70Percentage Change=( 80002400−8000​ )×100=−70%

Information Booster:

  • Reason for Reduction: The significant decrease in allocation is attributed to the nearing completion of the Smart Cities Mission, with 94% of the total 8,067 projects already completed as of May 9, 2025.

  • Total Investment: The total investment in the mission has reached ₹1.64 lakh crore, with ₹1.51 lakh crore already spent.

  • Mission Duration: The mission was extended until March 2025 to complete ongoing projects.

  • Key Achievements: All 100 cities have operational Integrated Command and Control Centres, and over 1,740 km of smart roads have been constructed.

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