{"id":62617,"date":"2025-09-09T16:13:08","date_gmt":"2025-09-09T10:43:08","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=62617"},"modified":"2025-09-09T16:32:56","modified_gmt":"2025-09-09T11:02:56","slug":"united-kingdom-india-infrastructure-financing-bridge-ukiifb","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/united-kingdom-india-infrastructure-financing-bridge-ukiifb\/","title":{"rendered":"United Kingdom-India Infrastructure Financing Bridge (UKIIFB)"},"content":{"rendered":"<h2><b>United Kingdom-India Infrastructure Financing Bridge Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The U.K. India Infrastructure Financing Bridge (UKIIFB) recently marked its first anniversary by launching a report in the City of London.<\/span><\/p>\n<h2><b>About United Kingdom-India Infrastructure Financing Bridge<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is a<\/span><b> collaborative initiative led jointly by NITI Aayog<\/b><span style=\"font-weight: 400;\"> and the <\/span><b>City of London.\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It aims to <\/span><b>channel sustainable infrastructure investments into India<\/b><span style=\"font-weight: 400;\">, <\/span><b>leveraging the UK&#8217;s expertise<\/b><span style=\"font-weight: 400;\"> in managing and structuring large-scale projects.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The UKIIFB, <\/span><b>agreed as part of the UK Economic and Financial Dialogue (EFD),<\/b><span style=\"font-weight: 400;\"> was operationalised with a <\/span><b>steering committee<\/b><span style=\"font-weight: 400;\"> made up of <\/span><b>representatives from the UK government\u2019s Treasury department, construction giants, and engineering and legal firms <\/b><span style=\"font-weight: 400;\">operating <\/span><b>across both countries<\/b><span style=\"font-weight: 400;\"> to drive forward the aim of getting mega infrastructure projects bid-ready.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This <\/span><b>committee will oversee the implementation of the initiative<\/b><span style=\"font-weight: 400;\">, focusing on projects such as national highways, regional rapid transport systems, and renewable energy ventures.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">UKIIFB Stakeholders will seek to jointly<\/span><b> build a diverse investment and financing system<\/b><span style=\"font-weight: 400;\"> that is <\/span><b>long-term, stable, and sustainable <\/b><span style=\"font-weight: 400;\">with manageable risks.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is distinctly<\/span><b> committed to sustainable infrastructure development<\/b><span style=\"font-weight: 400;\">, <\/span><b>prioritizing environmentally friendly projects<\/b><span style=\"font-weight: 400;\"> that are aligned with the core principles of the Sustainable Development Goals.<\/span><\/li>\n<\/ul>\n<p><b>Source<\/b><span style=\"font-weight: 400;\">: <\/span><a href=\"https:\/\/www.thehindu.com\/news\/international\/a-year-in-and-without-projects-uk-india-infra-bridge-recommends-policy-changes-first\/article70025834.ece\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">TH<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Kingdom-India Infrastructure Financing Bridge aims to channel sustainable infrastructure investments into India, leveraging the UK&#8217;s expertise in managing and structuring large-scale projects.<\/p>\n","protected":false},"author":23,"featured_media":62590,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[2581],"class_list":{"0":"post-62617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-united-kingdom-india-infrastructure-financing-fridge","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/62617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=62617"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/62617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/62590"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=62617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=62617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=62617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}