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ADB to help Odisha secure Urban Challenge Fund
The New Indian Express Bhubaneswar
|August 13, 2025
THE Asian Development Bank (ADB) will assist the Odisha government in accessing the Centre's Urban Challenge Fund (UCF), created to encourage states to pursue sustainable urbanisation and redevelopment of existing cities.
In the Union Budget 2025-26, an allocation of ₹1 lakh crore allocation for the UCF was announced to support initiatives such as developing cities as growth hubs, creative city redevelopment, and improving water and sanitation facilities to foster sustainable and inclusive urban development across states.
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