23/07/2026
GUIDELINES FOR URBAN CHALLENGE FUND
▶️ Ministry of Housing and Urban Affairs has launched Operational Guidelines for the Urban Challenge Fund (UCF) on 15th April, 2026
▶️ The scheme guidelines are in public domain and may be accessed at:https://www.mohua.gov.in/static/uploads/2026/04/7950afb9b2d5cb773ba3d6c64bde9726.pdf
▶️ UCF has been introduced to catalyse a paradigm shift in urban development by encouraging cities to transition towards market-based financing and integrated regional development
▶️ The Fund aims to position cities as a bankable asset class through targeted reforms, strengthened institutional capacity, improved governance and planning frameworks, and the development of sustainable revenue-generating urban infrastructure
🔗https://pib.gov.in/PressReleasePage.aspx?PRID=2288504