Government to introduce bills to set up DFI, Digital Currency
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“To set up a new DFI as a provider, enabler and catalyst for infrastructure financing,” the NaBFID Bill 2021 purpose of statement noted, adding that NaBFID will be the, “principal financial institution and development bank for building and sustaining a supportive ecosystem across the life cycle of infrastructure projects.”
Agencies
The government will also introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021
The government will set up National Bank for Financing Infrastructure and Development (NaBFID) to meet the infrastructure financing requirements of the country. It will introduce The National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in the Budget session to set it up as a developmental financial institution or DFI.
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In her 2019 budget speech, finance minister Nirmala Sitharaman had said that the government will explore further easing the foreign direct investment (FDI) limit in insurance.
In her 2019 budget speech, finance minister Nirmala Sitharaman had said that the government will explore further easing the foreign direct investment (FDI) limit in insurance.