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      Question

      As per Union Budget 2023-24, what is the expected

      annual budget allocation for the Urban Infrastructure Development Fund (UIDF)?
      A тВ╣1000 crore Correct Answer Incorrect Answer
      B тВ╣5000 crore Correct Answer Incorrect Answer
      C тВ╣7500 crore Correct Answer Incorrect Answer
      D тВ╣10,000 crore Correct Answer Incorrect Answer
      E тВ╣15,000 crore Correct Answer Incorrect Answer

      Solution

      As per the Union Budget 2023-24, the Government expects to make available тВ╣10,000 crore per annum for the Urban Infrastructure Development Fund (UIDF). The UIDF will be used by public agencies to create urban infrastructure in Tier 2 and Tier 3 cities, and states will be encouraged to leverage resources from the grants of the 15th Finance Commission and existing schemes to adopt appropriate user charges while accessing the UIDF.

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