MoHUA Approves Rs 2,719.80 Crore for 6 Urban Development Projects in Ahmedabad Under Urban Challenge Fund

Key facts

• The Ministry of Housing and Urban Affairs approved projects worth Rs 2,719.80 crore for six urban development initiatives in Ahmedabad under the Urban Challenge Fund.
• The Urban Challenge Fund provides Rs 1 lakh crore in central assistance over five years to promote market-based financing and balanced regional urban growth.
• The six approved projects include rehabilitation of sewerage networks, an Intelligent Water Management System, a 125 TPD Integrated Sludge Management Facility, and an Integrated Transit Management System with Automated Fare Collection System.
• The rehabilitation of the sewerage network aims to reduce overflows and leakages significantly with real-time digital monitoring and smart management.
• The sludge management facility will support production of biogas and green energy, advancing a circular economy.
• The Integrated Transit Management System and Automated Fare Collection System will enable seamless travel using a Common Mobility Card and Common Journey Application for AMTS, BRTS, and Metro services.
• Ahmedabad Municipal Corporation will receive Rs 679.95 crore each from the Central and State Governments for these six projects, with remaining funds to be raised through loans by the corporation.