Value Capture Financing – a big ticket reform for speedy urban service delivery and resource mobilization

Over the last two & a half years, a number of major Missions have been launched by Ministry of Urban Development (MoUD), Government of India for improving the quality of urban services and bridging the urban infrastructure deficit. One of the key challenges faced is the limited revenues of cities and their limited capacity. Value Capture Finance (VCF) is an innovative urban-development funding and revenue generation tool.