The Maharashtra Urban Infrastructure Fund (MUIF) is a Trust Fund set up by Government of Maharashtra and Mumbai Metropolitan Region Development Authority (MMRDA) to help the Urban Local Bodies and other agencies in developing infrastructure for promoting economic progress and improving the quality of life in the urban areas of Maharashtra.
The Trustee of the MUIF is a company called Maharashtra Urban Infrastructure Fund Trustee Co. Ltd. (MUIFTCL), which was jointly set up by the Govt. of Maharashtra and the MMRDA. The MUIFTCL has constituted 3 Funds within the framework of the MUIF, namely,
(1) Project Development Fund
(2) Project Finance Fund; and
(3) Debt Service Reserve Fund.
The MUIF is managed by another company named the Maharashtra Urban Infrastructure Development Co. Ltd. (MUIDCL).
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