Pooled Finance Development Fund Central Government Of India Sponsored Scheme


Ministry

Ministry Of Urban Development

Description

The main aim of the Government is to provide credit enhancement facilities to Urban Local Bodies (ULBs) based on their credit worthiness. This will enable them to access market borrowings through state-level pooled mechanism.

Sponsored By

Central Government of India

Objective

Credit enhancement facility to ULBs to access market borrowings

Eligibility

State pooled finance entity (SPFE) of every state willing to avail the benefit of the scheme

Beneficiaries

Benefits

A state pooled finance entity (SPFE) needs to be established in every state which will be funded by Central Government 75% and State Government 25%. The amount mainly will be used by urban local bodies to access capital and financial the market for investment in essential municipal infrastructure.

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Contact to central government

Status

Active

Sector

Urban Development



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