SchemesWednesday, 15 April 2026·Ministry of Housing and Urban Affairs
Urban Challenge Fund Operational Guidelines Launched
Union Minister Manohar Lal launched operational guidelines for the ₹1 lakh crore Urban Challenge Fund, intended to catalyse about ₹4 lakh crore of urban infrastructure investment, focused on Tier-II and Tier-III cities.
Key highlights
- Fund size: ₹1 lakh crore; targeted investment ₹4 lakh crore.
- Central assistance capped at 25% of project cost.
- Implementation period FY 2025-26 to FY 2030-31.