The Urban Infrastructure Development Fund (UIDF) focuses on financing infrastructure projects in Tier 2 and Tier 3 cities. Which of the following is NOT a feature of the UIDF?
1
It is managed by the National Housing Bank (NHB).
2
The fund is established through Priority Sector Lending shortfall contributions.
3
The minimum loan size for projects is ₹10 crores, even for North-East and hilly states.
4
Eligible activities include water supply, sanitation, and solid waste management.
5
1 and 2