Business | Posted on Jul 06, 2009 at 12:15pm IST

Urban development allocation increased 87 pc

IANS

New Delhi: The allocation for the Jawaharlal Nehru National Urban Renewal Mission has been increased by 87 per cent to Rs12,887 crore, Finance Minister Pranab Mukherjee said while presenting the Union Budget 2009-2010 in Parliament on Monday.

Additionally, the Indira Awas Yojna, a housing programme for the poor, has been allocated Rs 2,000 crore, while a Rs 2,000-crore special fund has been set up to finance rural housing projects.

Mukherjee also announced a Rs 3,973-crore allocation for urban poor.

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