Answer: Ministry of Housing and Urban Affairs
Notes: The Ministry of Housing and Urban Affairs launched the Urban Challenge Fund (UCF) and Credit Repayment Guarantee Sub-Scheme (CRGSS) in New Delhi. The Urban Challenge Fund has a total Central assistance of ₹1 lakh crore, aimed at boosting urban infrastructure financing. It promotes market-based financing, with only 25% central funding and at least 50% through bonds, loans, and public-private partnerships (PPP).
