The Indian central cabinet has made several key decisions aimed at urban development and supporting startups. One of the most notable approvals is a substantial urban challenge fund of 1 lakh crore (approximately $13.5 billion), which aims to modernize cities by attracting private investment and enhancing infrastructure. This fund is expected to stimulate large-scale development projects across various urban areas in India, significantly impacting their infrastructure and overall growth.

In addition to the urban development fund, the cabinet has launched 'Fund 2.0' aimed at supporting startups in India, with an allocation of 10,000 crore Indian Rupees. This initiative is designed to bolster sectors such as Deep Tech, Artificial Intelligence, and tech-driven manufacturing, with a focus on increasing venture capital investment. The government is prioritizing technological innovation and entrepreneurship, thereby creating an environment conducive to startup growth.

Furthermore, specific announcements have also been made for states like Maharashtra, Gujarat, and Assam indicating a tailored approach to regional development. Alongside these, the extension of the Noida Metro service reflects a commitment to improving public transport infrastructure, making it easier for commuters and enhancing urban connectivity in the National Capital Region. Together, these initiatives highlight the government's strategic focus on urban modernization and startup support as crucial components of India's economic growth agenda.