Rs 1.5 lakh crore infra push: Cabinet clears road, rail & urban projects, launches Urban Challenge Fund
Published on: Feb. 15, 2026, 6 a.m. | Source: The Economic Times
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.
