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Urban challenge fund to focus on revitalising core areas of cities
The central government is set to launch the Urban Challenge Fund (UCF) with a focus on revitalizing Indian cities and addressing long-standing infrastructure issues. This initiative, backed by Rs 1 lakh crore, will prioritize projects with transformative impact in 500-1,000 smaller cities. The emphasis is on improving existing infrastructure, such as drainage and sanitation, rather than new construction.
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