New Delhi, April 15 (IANS) Union Minister for Housing and Urban Affairs, Manohar Lal, on Wednesday launched the operational guidelines for the Urban Challenge Fund (UCF) along with the Credit Repayment Guarantee Sub-Scheme (CRGSS), saying the Rs 1 lakh crore fund is designed to mobilise nearly four times investment through market-based financing.Addressing the launch event, the minister said the UCF represents a paradigm shift in India’s approach to urban development, focusing on leveraging pu…
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