Current Affairs · Union Budget of India
The 'Infrastructure Risk Guarantee Fund' proposed in the Union Budget of India aims to:
- 1Compensate states for the loss of land revenue during the development of City Economic Regions (CERs).
- 2Guarantee a minimum 15% return on investment for all Public-Private Partnership (PPP) projects.
- 3Strengthen private developer confidence by addressing risks during construction phases.✓
- 4Provide 100% insurance against environmental delays in highway projects.
Correct answer
Strengthen private developer confidence by addressing risks during construction phases.
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