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Friday, December 19, 2025
TopicUrban Challenge Fund

Topic: Urban Challenge Fund

Rs 20,875 cr from FY25 budget unspent, House panel flags slow pace of urban development projects

Initial allocation of Rs 82,576.57 cr was reduced to Rs 63,669.93 cr in revised estimates. House panel has recommended ministry probe reasons, take corrective measures to utilise funds.

Rs 1 lakh crore Urban Challenge Fund announced to boost city growth, redevelopment & infrastructure

Union Budget announcement aligns with Modi govt's continued focus on improving urban infrastructure for sustainable development of cities. Rs 10,000 crore proposed for 2025–26.

On Camera

Why India fell off the global middle-class map

A stunted middle class may be a direct result of extreme inequality. Folks at the top don’t see teeming masses as a meaningful market, except for utilities, soap, short videos, and personal loans.

India’s financial reforms target a wave of foreign money

Up to 100% foreign ownership of insurance firms, and overhauled rules for banks, pension funds and capital markets aim to shift savings from idle assets toward equities, bonds and long-term investments.

Israel has ‘realised who its real friend is’, eyes defence expansion in India amid arms curbs by others

It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.