Kochi Clears 30 Projects Worth ₹1,500 Crore
Kochi Corporation has cleared 30 projects worth ₹1,500 crore under the Urban Challenge Fund. The projects include mobility hubs, a civic tower, a cultural district and a waste-processing facility, all under the Kochi@2050 vision. The Union government will provide 25% of project cost as a grant, while opposition councillors have raised concerns about prioritising revenue-generating projects.
Context
Context: The Urban Challenge Fund is a central government scheme that helps cities pay for large public projects, and Kochi@2050 is the city's long-term plan for growth. Opposition councillors are questioning whether the money is going first to projects that earn revenue.
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