Rs 1.5 lakh crore infra push: Cabinet clears road, rail & urban projects, launches Urban Challenge Fund
- Posted on February 15, 2026
- By Business News Today
- 6 Views
Rs 1.5 lakh crore infra push: Cabinet clears road, rail & urban projects, launches Urban Challenge Fund
The centrepiece of the package is the proposed Urban Challenge Fund (UCF), which will provide Rs 1 lakh crore in central assistance over five years. The fund will cover up to 25% of project costs, subject to states and urban local bodies raising at least 50% of funding from the market.
