The Urban Infrastructure Development Fund, announced by Finance Minister Nirmala Sitharaman in her Budget 2023-2024 speech Wednesday, would provide the impetus needed for the growth of infrastructure in cities, Hitesh Vaidya, Director, National Institute of Urban Affairs (NIUA), said.
“The announcement in the budget that government will establish the Urban Infrastructure Development Fund, to be managed by the National Housing Bank, is a great move, which will provide much-needed impetus for urban infrastructure growth,” Vaidya told The Indian Express.
