Centre’s Rs 1 lakh crore urban infra fund challenges states to think like startups – The Times of India
The Budget proposes an Urban Challenge Fund (UCF) of Rs 1 lakh crore to encourage states to think innovatively towards attaining sustainable urbanisation and redevelopment goals in existing cities.The grant is expected to infuse around Rs 4 lakh crore for infrastructure development, achieving saturation and implementing redevelopment projects.“This fund will finance up to 25% of…