5 new smart cities will be developed for... ... Union Budget 2020 Live Updates: Nirmala Sitharaman lists 16-point action plan to double farmers' income

5 new smart cities will be developed for entrepreneurship in the country with the collaboration of States. It will generate more employment in the country. Electronic manufacturing will produce more number of employment. Electronics, particularly mobile manufacturing to be promoted. Medical equipment manufacturing also to be promoted. National Technical Textile Institution is proposed for the sector development.