India's Budget May Boost Urban Infrastructure Fund by 10,000 Crore
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1 SourcesNew Delhi, India
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India's Budget May Boost Urban Infrastructure Fund by 10,000 Crore

The Indian government is reportedly considering an additional 10,000 crore allocation to the Urban Infrastructure Development Fund (UIDF) in the upcoming budget. This move aims to enhance urban living quality and address financing gaps for projects, particularly in midsize cities. The UIDF, established with a 10,000 crore corpus, supports various urban infrastructure activities excluding housing, power, telecom, and transport, with potential linkages to other existing schemes.

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