India’s cities need Rs 80 lakh crore investment to support urban growth: Report
- Posted on May 15, 2026
- By Business News Today
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- 1 min read
India’s cities need Rs 80 lakh crore investment to support urban growth: Report
India requires Rs 80 lakh crore for urban infrastructure by 2037. Cities will contribute significantly to the nation's GDP. A new Rs 1 lakh crore fund will encourage market-based funding for urban projects. Local bodies must raise funds through bonds or loans. This will improve financial discipline and city creditworthiness. Smaller towns can benefit from a credit guarantee scheme.