The new fund signals a major change in how the government finances city development. Instead of relying solely on government grants, cities will now be encouraged to raise money from the market and private investors. The government stated that this represents a "paradigm shift in India's urb
India reaffirmed it remains open to sourcing crude oil from Venezuela and other regions based on commercial viability. MEA spokesperson Randhir Jaiswal highlighted Venezuela as a long-standing energy partner, noting India's pragmatic, market-driven approach to securing crude supplies.