Budget 2023: Nirmala Sitharaman Announces Urban Infra Development Fund with Annual Rs 10k-Cr Allocation

A Urban Infrastructure Development Fund (UIDF) will be set up to ramp up infrastructure in tier2 and tier3 cities with an annual allocation of Rs 10,000 crore.A Urban Infrastructure Development Fund (UIDF) will be set up to ramp up infrastructure in tier2 and tier3 cities with an annual allocation of Rs 10,000 crore.