Which among the following Institutions is regulator of “Urban infrastructure development fund”?

Solution

UIDF will be established through the use of priority sector lending shortfall. Purpose: The fund will be used by public agencies to create urban infrastructure in tier-2 and tier-3 cities. It will be managed by the National Housing Bank. It will be established on the lines of the Rural Infrastructure Development Fund (RIDF). States will be encouraged to leverage resources from the grants of the 15th Finance Commission, as well as existing schemes, to adopt appropriate user charges while accessing the UIDF.