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Jaimini Bhagwati Joins CSEP As Distinguished Fellow

Jaimini Bhagwati Joins CSEP As Distinguished Fellow
businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.

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History being created in infrastructure development in Jammu Kashmir 1100 projects completed at a cost of 1555 crores

History being created in infrastructure development in Jammu Kashmir 1100 projects completed at a cost of 1555 crores
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A Bank for Infra- Business News

A Bank for Infra
The National Bank for Financing Infrastructure and Development promises to address the capital needs of the cash-starved infrastructure sector, but execution remains key
Illustration by Raj Verma
On March 25, the last day of the Covid-19 curtailed Budget Session of Parliament, the government passed a Bill that turned the clock 30 years back to India s pre-economic-liberalisation era in terms of infrastructure financing.
The proposed law that the Rajya Sabha cleared that day (the Lok Sabha had passed it two days earlier) was the National Bank for Financing Infrastructure and Development (NBFID) Bill, 2021. It called for the establishment of a development finance institution (DFI), a tried and tested concept that had led to the birth of institutions, including IFCI (Industrial Finance Corporation of India), IDBI (Industrial Development Bank of India), SIDBI (Small Industries Development Bank of India), NABARD (National Bank for Agriculture and Rural ....

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A Bank for Infra- Business News

A Bank for Infra- Business News
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Two Tamil Finance Ministers set up infra lender

Two Tamil Finance Ministers set up infra lender
Two Tamil Finance Ministers set up infra lender
Last Updated: Wed, Mar 17th, 2021, 09:11:05hrs
Chennai: Setting up of financial institutions to fund infrastructure projects is one of the common threads between Finance Minister Nirmala Sitharaman and former Finance Minister P. Chidambaram.
It was in 1996 that the then Finance Minister P. Chidambaram from Tamil Nadu during his budget speech announced the setting up of the Infrastructure Development Finance Company Ltd (IDFC) to fund the infrastructure projects.
Infrastructure needs long-term finance, typically 15-20 year financial instruments. However, it has not been possible to float such instruments in the Indian market so far. Hence, I am proposing the establishment of an Infrastructure Development Finance Company (IDFC), Chidambaram had then said. ....

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