Consider the following statements about Viability Gap Funding VGP and mark the correct one ones 1 VG...........

Economic Affairs Infrastructure

Consider the following statements about Viability Gap Funding (VGP) and mark the correct one/ones.

1.VGF is a multiple time grant.

2.It is provided to support infrastructure projects.

Code

Only 1

Only 2

Both 1 and 2

Neither 1 nor 2

Only 2

Viability Gap Funding (VGF) is provided to support infrastructure projects by bridging the gap between the project cost and revenue.

It is not a multiple-time grant but a one-time funding mechanism to make infrastructure projects financially viable.

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