Infrastructure Finance in India

India Infrastructure Project Development Fund

  • The Infrastructure Investment and Project Development Fund (IIPDF) was established within the Department of Economic Affairs (DEA), part of the Ministry of Finance in the Government of India.
  • Initially funded with Rs. 100 crore, its purpose was to support the development of Public-Private Partnership (PPP) projects to be offered to the private sector.
  • The DEA has now restructured the IIPDF as a Central Sector Scheme with a total outlay of Rs. 150 Crore, applicable for three years from 2022-23 to 2024-25. The fund is designed to assist Sponsoring Authorities in financing project development costs.
  • Objective: The ....
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Indian Economy