**Executive Summary**
On April 25, 2026, the Housing and Urban Development Corporation Ltd. (HUDCO) celebrated its 56th Foundation Day, "Sankalp Diwas," under the Ministry of Housing & Urban Affairs. The event marked the launch of the Urban Challenge Fund (UCF) and the Urban Invest Window (UiWIN), designed to drive urban transformation through public-private partnerships. These initiatives support the long-term vision of Viksit Bharat 2047 by strengthening infrastructure financing and urban development.
**Key Points / Main Content**
* **New Urban Initiatives**
* Unveiling of the UiWIN Technical Assistance Framework to assist in urban landscape transformation.
* Launch of the Urban Challenge Fund (UCF), described as a game-changing initiative for facilitating public-private partnerships.
* Establishment of the Urban Invest Window (UiWIN) to enable city transformation and revenue-generating infrastructure.
* **HUDCO Financial Performance (FY 2025-26)**
* Sanctioned the highest-ever loan amount of approximately ₹1,65,000 crore.
* Achieved loan disbursements totaling nearly ₹52,000 crore.
* Reinforced its role as a premier financial institution through its three pillars: financing, consultancy, and capacity building.
* **Strategic National Goals**
* Alignment with the "Viksit Bharat 2047" vision to build a stronger, smarter, and more inclusive India.
* Addressing rapid urbanization trends, with projections indicating over 50% of India's population will reside in cities by 2050.
* Continued support for major Government of India schemes, including the Pradhan Mantri Awas Yojana (PMAY).
* **Recognition and Commemoration**
* Unveiling of in-house publications to mark 56 years of service.
* Presentation of awards to HUDCO employees for long meritorious service and to key stakeholders for performance across various states.
**Impact Analysis**
**Urban Local Bodies (ULBs)**
**Impact**
ULBs gain a structured framework to identify bankable projects and develop infrastructure with demonstrated financial viability.
**Action Required**
ULBs must utilize the UiWIN Technical Assistance Framework to identify and develop revenue-generating projects.
**HUDCO Employees**
**Impact**
Staff receive recognition for long-term service and are tasked with a renewed commitment toward national infrastructure goals.
**Action Required**
Employees must align their operations with the new "Sankalp Diwas" objectives and the three core pillars of financing, consultancy, and capacity building.
**State Governments and Municipal Commissioners**
**Impact**
These stakeholders have access to new funding avenues through the UCF and technical support via UiWIN to transform urban landscapes.
**Action Required**
Senior officials and commissioners are encouraged to harness the opportunities offered by the UCF to foster public-private partnerships in their respective regions.
Key Entities Referenced
Housing and Urban Development Corporation Ltd. (HUDCO): A Navratna Central Public Sector Enterprise providing techno-financing for housing and urban infrastructure development.
Urban Challenge Fund (UCF): A transformative initiative launched to facilitate urban transformation and promote public-private partnerships.
Urban Invest Window (UiWIN): A platform designed to enable Urban Local Bodies to identify bankable projects and develop revenue-generating infrastructure.
Viksit Bharat 2047: The national vision for a developed India, serving as the strategic framework for urban growth and infrastructure goals.
Ministry of Housing and Urban Affairs (MoHUA): The primary ministry responsible for overseeing urban development policies and the administrative functioning of HUDCO.
Ministry of Housing & Urban Affairs
56 Years of Trust, Service, and Nation Building
Celebrating 56 Years of Shaping India’s Urban Future
Posted On: 25 APR 2026 8:24PM by PIB Delhi
Housing and Urban Development Corporation Ltd. (HUDCO), India’s leading techno-financing Navratna
CPSE under Ministry of Housing and Urban Affairs, marked its 56th Foundation Day “Sankalp Diwas”
today. The celebration highlighted HUDCO’s remarkable achievements over the past five & half decades.
Shri Manhoar Lal, Hon’ble Minister for Housing and Urban Affairs, Shri Tokhan Sahu, Hon’ble Minister
of State for Housing and Urban Affairs, Shri Srinivas Katikithala, IAS, Secretary, MoHUA, along with
senior officials of MoHUA and State Governments were present during the celebration.The inaugural ceremony was followed by a symposium on the Urban Challenge Fund (UCF) and the
Urban Invest Window (UiWIN), wherein the UiWIN Technical Assistance Framework was unveiled. The
objective of the symposium was to disseminate information about these initiatives and the potential they
offer to transform the urban landscape. The session was attended by senior officials of various states and
several Municipal Commissioners along with HUDCO employees.
Shri Manohar Lal during his address underscored HUDCO's significant contribution to nation's
infrastructure development. He emphasized that, in alignment with the vision of Viksit Bharat 2047,
HUDCO is poised to play a key role in harnessing the vast opportunities that lie ahead of the Govt of
India’s new initiatives for urban transformation including ‘Urban Challenge Fund (UCF)’ through its new
offering UiWIN.Shri Tokhan Sahu commended HUDCO for its support to various Government of India schemes, including
PMAY, and for its significant contribution to the nation’s urban transformation. He observed that the pace
of urbanization in India is rapid, with over 50% of the population expected to reside in cities by 2050,
necessitating substantial investment in urban infrastructure. In this context, he highlighted the launch of
the transformative Urban Challenge Fund as a game-changing initiative that will open new avenues for
public-private partnerships. He further noted that through UiWIN, a new chapter in city transformation
will be written by enabling ULBs to identify bankable projects and develop revenue-generating
infrastructure with demonstrated financial viability.
Secretary MoHUA stated that HUDCO has undergone a fundamental transformation and found a niche for
itself, gaining recognition as a premier financial institution that is playing a catalytic and urban sector
specially with the launch of UCF and UiWIN. Complementing the company for its past achievements he
said HUDCO is laying the foundation for Viksit Bharat and HUDCO has an even larger role to contribute
towards sustained urban growth.
Speaking on the occasion CMD, HUDCO, apprised the gathering that HDUCO in FY 2025-26 has
sanctioned highest ever loan of nearly 1,65,000 crore and loan disbursements of nearly Rs 52000 Crore.
He stated that for the past five and a half decades HUDCO has played a significant role in improving the
lives of millions and through its three core pillars namely financing, consultancy and capacity building
have developed sustainable habitat across the country. HUDCO is all set with renewed commitment
towards building stronger smarter and more inclusive India in line with the vision of Viksit Bharat 2047.
To commemorate the Foundation Day, several in-house publications were unveiled and awards were given
to HUDCO employees for their long meritorious service, and to key stakeholders for their commendable
performances in various states. The event concluded with a cultural evening that beautifully showcased
the rich classical traditions of our country.
*****
SK
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