Urban infrastructure and Public Services for Rajasthan's burgeoning urban population is inadequate. On a conservative basis, a huge investment to the tune of Rs 8,000 crores to Rs 10,000 crores would be required in the next ten years to adequately address the infrastructure needs of various urban centers in Rajasthan. Over the years it has been seen that the following problems plague the urban infrastructure sector:

1. Supply Shortage of Urban Facilities
2. Absence of project Development
3. Absence of proper feasibility studies and project monitoring
4. Absence of Centralised Regulatory Authority

In view of the above and to provide funds to ailing municipal bodies in the State, the State government has formed a new entity-Rajasthan Urban Infrastructure Finance and Development Corporation (RUIFDCO). The corporation will take on the role of a facilitator and coordinator besides serving as a link between various schemes being operated by the Central government. The government's own schemes for upgradation of infrastructure will also be getting support from the corporation.

It is envisaged that the RUIFDCO can play the role of a state level dedicated urban infrastructure financing agency that would support both the Government of India's (GOI) and Government of Rajasthan (GoR) objectives and policies for the urban sector. RUIFDCO would also attempt to catalyse privately mobilized financial resources to bear on urban infrastructure investments financed by Urban Local Bodies. To perform the functions as detailed above, RUIFDCO should emerge as a full fledged state level financial institution that will facilitate development of the urban infrastructure in the state. Further it should also develop the capability for risk management, independent project assessment and project implementation and support. PDCOR is supporting RUIFDCO in preparing its Business Plan to achieve desire objectives.