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The Economic Times

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A year on, 1 lakh-cr Urban Challenge Fund a nonstarter

Despite the promise of a transformative 1 lakh crore Urban Challenge Fund to accelerate urban development, progress remains stagnant a year post-announcement. Initially earmarked with 10,000 crore for the fiscal year 2025-26, the fund now sits in limbo awaiting crucial Cabinet approval for its operational framework.

27 Jan 2026 11:36 pm