๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

    Question

    What is the total outlay and duration of the India

    Infrastructure Project Development Fund Scheme announced by the government for supporting the development of Public Private Partnership (PPP)ย projects that can be offered to the private sector?
    A Rs.100 crore for 2 years Correct Answer Incorrect Answer
    B Rs.150 crore for 3 years Correct Answer Incorrect Answer
    C Rs.250 crore for 5 years Correct Answer Incorrect Answer
    D Rs.500 crore for 5 years Correct Answer Incorrect Answer
    E Rs. 1000 crore for 7 years Correct Answer Incorrect Answer

    Solution

    India Infrastructure Project Development Fund is a Central Sector Schemeย with total outlay of Rs.150 Crore for a period of 3 years from 2022-23 to 2024-25.

    • It is aimed at providingย financial support for quality project developmentย activities.
    • The Sponsoring Authority will be able to source funding to cover a portion of the PPP transaction costs, thereby reducing the impact of costs related to procurement on their budgets.
    • Financial Outlay: The IIPDF will contributesย upto 75% of the project development expensesย to the Sponsoring Authority as an interest free loan. The balance 25% will be co-funded by the Sponsoring Authority.

    Practice Next
    More Financial Management Questions

    Relevant for Exams:

    ask-question