Urban Infrastructure Development Fund
Recently, Government has set up the Urban Infrastructure Development Fund (UIDF) through use of priority sector lending shortfall for creating urban infrastructure in Tier 2 and Tier 3 cities.
- UIDF aims to supplement the efforts of the State Governments for urban infrastructure development works implemented through Public/State Agencies, Municipal Corporations and Urban Local Bodies, by providing a stable and predictable source of financing.
- The Fund will be managed by the National Housing Bank.
- Eligible Activities for availing loans under the UIDF are –
- Sewerage and Solid Waste Management
- Water supply and sanitation
- Construction and improvement of drains/storm water drains.
- The minimum size of a project ....
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