The Budget introduces an Urban Challenge Fund (UCF) of Rs 1 lakh crore to drive innovative and sustainable urbanisation in cities. Expected to generate about Rs 4 lakh crore for infrastructure development, the UCF will finance projects with a mix of grants, bonds, and loans, focusing on redevelopment and urban improvements.
Related Posts
Extreme weather on 255/274 days this year; Madhya Pradesh worst hit
India experienced extreme weather events for 93% of the first nine months in 2024, leading to 3,238 deaths and widespread damage to homes and crops. […]
YouTuber Ranveer Allahbadia triggers outrage with remarks on show; FIR lodged
Ranveer Allahbadia, aka BeerBiceps, faces backlash and potential legal action for inappropriate comments during ‘India’s Got Latent’ show. A written complaint and subsequent police probe […]