Urban challenge fund to focus on revitalising core areas of cities
The central government is set to launch the Urban Challenge Fund (UCF) with a focus on revitalizing Indian cities and addressing long-standing infrastructure issues. This initiative, backed by Rs 1 lakh crore, will prioritize projects with transformative impact in 500-1,000 smaller cities. The emphasis is on improving existing infrastructure, such as drainage and sanitation, rather than new construction.
The central government is set to launch the Urban Challenge Fund (UCF) with a focus on revitalizing Indian cities and addressing long-standing infrastructure issues. This initiative, backed by Rs 1 lakh crore, will prioritize projects with transformative impact in 500-1,000 smaller cities. The emphasis is on improving existing infrastructure, such as drainage and sanitation, rather than new construction.
