Q. Urban Infrastructure Development Fund is managed by which institution?
Answer: National Housing Bank
Notes: The government has set up the Urban Infrastructure Development Fund (UIDF) to improve urban infrastructure in Tier 2 and Tier 3 cities. It is funded through the priority sector lending shortfall. The fund supports public agencies in providing basic services like sewerage, waste management, water supply, sanitation, and drainage. It aims to supplement state governments' efforts and is managed by the National Housing Bank. The initial corpus of the fund is ₹10,000 crore. The UIDF is modeled after the Rural Infrastructure Development Fund (RIDF).

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