In her Budget speech, Nirmala Sitharaman also announced the revamp of PM SVANidhi, the loan scheme for street vendors.

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Budget 2025: Union Finance Minister Nirmala Sitharaman announced the Urban Challenge Fund as she delivered her speech on Budget 2025-26 on Saturday, February 26. Sitharaman presented her eighth ...

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The fund is set to implement the proposals for 'Cities as Growth Hubs'. This was announced as a part of creative redevelopment of cities and for water and sanitation purposes in July 2024 budget.