Centre Notifies Updated Viability Gap Funding Scheme To Support Infrastructure Projects

The Viability Gap Funding (VGF) scheme was notified by the Ministry of Finance under which various infrastructure projects will be selected for financial support to provide a boost to the sector. According to the VGF scheme, the Empowered Committee (EC) chaired by the economic affairs secretary will sanction a funding amount of up to Rs 200 crore, while projects requiring more than Rs 200 crore would be approved by the Empowered Comm...