{"id":360934,"date":"2026-04-16T17:41:07","date_gmt":"2026-04-16T12:11:07","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=360934"},"modified":"2026-04-16T17:41:07","modified_gmt":"2026-04-16T12:11:07","slug":"urban-challenge-fund-and-credit-repayment-guarantee-sub-scheme-crgss","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/urban-challenge-fund-and-credit-repayment-guarantee-sub-scheme-crgss\/","title":{"rendered":"Urban Challenge Fund and Credit Repayment Guarantee Sub-Scheme (CRGSS)"},"content":{"rendered":"<p><strong>News<\/strong>: Union Minister Shri Manohar Lal launched Operational Guidelines for Urban Challenge Fund and Credit Repayment Guarantee Sub-Scheme in New Delhi.<\/p>\n<h2>About Operational Guidelines for Urban Challenge Fund (UCF)<\/h2>\n<figure id=\"attachment_360938\" aria-describedby=\"caption-attachment-360938\" style=\"width: 309px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-360938\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/04\/Source-DD-News-2.jpg?resize=309%2C369&#038;ssl=1\" alt=\"Urban Challenge Fund and Credit Repayment Guarantee Sub-Scheme (CRGSS)\" width=\"309\" height=\"369\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/04\/Source-DD-News-2.jpg?resize=251%2C300&amp;ssl=1 251w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/04\/Source-DD-News-2.jpg?w=699&amp;ssl=1 699w\" sizes=\"auto, (max-width: 309px) 100vw, 309px\" \/><figcaption id=\"caption-attachment-360938\" class=\"wp-caption-text\">Source &#8211; DD News<\/figcaption><\/figure>\n<ul>\n<li>It is a market-linked, reform-driven, and outcome-oriented catalytic instrument for urban infrastructure financing.<\/li>\n<li><strong>Duration<\/strong>: It will be implemented <strong>from FY 2025\u201326 to FY 2030\u201331.<\/strong><\/li>\n<li><strong>Nodal Ministry<\/strong>: It is implemented by the <strong>Ministry of Housing and Urban Affairs (MoHUA).<\/strong><\/li>\n<li><strong>Funding<\/strong>: The scheme has a <strong>total Central Assistance of \u20b91 lakh crore, designed to mobilize nearly \u20b94 lakh crore investment.<\/strong><\/li>\n<li><strong>Aim<\/strong>: It aims to transform cities into investment-ready and financially sustainable growth hubs, mobilize private capital, and support the vision of Viksit Bharat @2047.<\/li>\n<li><strong>Key Features:<\/strong>\n<ul>\n<li><strong>Funding Model:<\/strong> <strong>Central Assistance is limited to 25% of project cost,<\/strong> while <strong>at least 50% funding is mobilized through market-based sources<\/strong> like municipal bonds, bank loans, and PPPs.<\/li>\n<li><strong>Focus Areas:<\/strong> It supports redevelopment of old city areas, urban mobility, last-mile connectivity, non-motorised transport, water, sanitation, and climate-resilient infrastructure.<\/li>\n<li><strong>Eligibility<\/strong>: Funding is linked to <strong>project bankability and challenge-based selection,<\/strong> along with implementation of urban reforms by Urban Local Bodies.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Significance<\/strong>: It enforces fiscal discipline and promotes financial sustainability in cities through market-based financing.<\/li>\n<\/ul>\n<h2>About Credit Repayment Guarantee Sub-Scheme (CRGSS)<\/h2>\n<ul>\n<li>A sub-scheme that provides credit guarantees to enable cities to access market-based financing.<\/li>\n<li><strong>Corpus<\/strong>: It has an <strong>allocation of \u20b95,000 crore.<\/strong><\/li>\n<li><strong>Aim<\/strong>: It aims to <strong>bridge the credit gap and improve access to finance for smaller cities.<\/strong><\/li>\n<li><strong>Key Features:<\/strong>\n<ul>\n<li data-start=\"247\" data-end=\"346\"><strong>Guarantees<\/strong>: It provides <strong>credit guarantees to lenders to enable cities to access market-based financing.<\/strong><\/li>\n<li data-start=\"347\" data-end=\"454\"><strong>Target Group: <\/strong>It focuses on <strong>supporting Tier-II and Tier-III cities and cities in hilly and North-Eastern regions.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: Union Minister Shri Manohar Lal launched Operational Guidelines for Urban Challenge Fund and Credit Repayment Guarantee Sub-Scheme in New Delhi. About Operational Guidelines for Urban Challenge Fund (UCF) It is a market-linked, reform-driven, and outcome-oriented catalytic instrument for urban infrastructure financing. Duration: It will be implemented from FY 2025\u201326 to FY 2030\u201331. Nodal Ministry:&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/urban-challenge-fund-and-credit-repayment-guarantee-sub-scheme-crgss\/\">Continue reading <span class=\"screen-reader-text\">Urban Challenge Fund and Credit Repayment Guarantee Sub-Scheme (CRGSS)<\/span><\/a><\/p>\n","protected":false},"author":10401,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,956,12039],"tags":[11872],"class_list":["post-360934","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-schemes-and-programs","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/360934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10401"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=360934"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/360934\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=360934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=360934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=360934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}