(a) whether the Government has any proposal for a new policy to establish a differential fiscal treatment for public investments in Urban Infrastructure due to rapid urbanisation; and
(b) if so, the details thereof?
(a) whether the Government has any proposal for a new policy to establish a differential fiscal treatment for public investments in Urban Infrastructure due to rapid urbanisation; and
(b) if so, the details thereof?
THE MINISTER OF STATE IN THE MINISTRY OF URBAN
DEVELOPMENT (SHRI AJAY MAKEN)
(a)&(b): Yes, Sir. In addition to issue of Tax-Free Municipal
Bonds, there have been proposals for setting up of Pooled
Finance Development Fund and National Urban Infrastructure Fund
for public investments in Urban Infrastructure due to rapid
urbanization.