The Viable Gap Funding (VGF) of 40 per cent of the Total Project Cost (TPC) is provided by the Indian Government and the sponsoring authority in the form of capital grant at the construction stage of the project. The Scheme for Financial Support to Public Private Partnerships (PPPs) in Infrastructure Viability Gap Funding (VGF) was launched by the Department of Economic Affairs in 2006 to provide funding for PPP infrastructure projects that are economically justified but not commercially viable because of large capital requirements. The new scheme is an addition to the currently operational Scheme for Financial Support to PPPs in Infrastructure (VGF Scheme), which was notified in December 2020.The total corpus of the India Infrastructure Project Development Fund is 150 crore for three years.This will help effectively implement bankable viable PPP projects that seek to modernize infrastructure in India.It provides funding for project sponsoring authorities (both in the central and state governments) to access services provided by Transaction Advisors (TAs) and consultants involved in the development of the PPP projects.This central sector scheme extends financial aid required for the development expenses of Public Private Partnership (PPP) projects.The India Infrastructure Project Development Fund Scheme (IIPDF) was launched by the Department of Economic Affairs (DEA).About India Infrastructure Project Development Fund Scheme (IIPDF)Ībout India Infrastructure Project Development Fund Scheme (IIPDF).

Banking project in hindi pdf