Answer: Rs 10000 crore
Notes: The National Housing Bank (NHB) said it has operationalized the Rs 10,000-crore Urban Infrastructure Development Fund (UIDF) announced in this year’s Budget for creation of urban infrastructure in tier-2 and tier-3 cities. The initial corpus for this fund managed by NHB is Rs 10,000 crore. UIDF has been launched to supplement efforts of the State governments by providing stable and predictable source of finance for creation of urban infrastructure in tier-2 and tier-3 cities.
