Question
Consider the following statement about Urban
Infrastructure Development Fund (UIDF): I. Like the RIDF, an Urban Infrastructure Development Fund (UIDF) will be established through use of priority sector lending shortfall. II. This will be managed by the NABARD, and will be used by public agencies to create urban infrastructure in Tier 2 and Tier 3 cities. III. Government expect to make available ₹ 10,000 crore per annum for this purpose. Which of the above statement is/are not part of UIDF:Solution
This will be managed by the National Housing Bank, and will be used by public agencies to create urban infrastructure in Tier 2 and Tier 3 cities.
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