Where there's a will, there are funds to deal with urban challenges
Published on: May 20, 2026, 11:51 p.m. | Source: The Economic Times
Projects worth ₹15,000 crore across six states are being awarded to kick-start the Centre's ₹1 lakh crore Urban Challenge Fund. These initiatives include water supply for villages, lake cleaning, and traffic congestion solutions. The funding model involves a 25% contribution from the Centre and states, with the remaining 50% sourced from municipal bonds, bank loans, and PPPs.
