Budget 2021: Two Reasons Why A Government-Owned Development Finance Institution Is A Good Idea
by Swarajya Staff - Feb 1, 2021 07:01 AM Union Finance Minister Nirmala Sitharaman. Snapshot The objective of a DFI should be efficient mobilisation of infrastructure. Union Finance Minister Nirmala Sitharaman announced the setting up of a development finance institution (DFI) today (1 February) to fund infrastructure projects. This DFI would have a funding of Rs 5 lakh crore over three years initially. Swarajya, IAS officer Gulzar Natarajan had argued for such a DFI itself. In simple terms, ...
Source: swarajyamag.com