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Rethinking Development Finance Institutions In India.pdf

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Preview of Rethinking Development Finance Institutions in India
🔗 Source: ijpiel.com
📊 Size: 3.12 MB
📄 Pages: 8 pages
⬇️ Downloads: 48

Summary

The Indian government plans to establish a Development Finance Institution (DFI) to support the infrastructure industry, with a base capital of Rs. 20,000 crores and a lending target of Rs. 5 lakh crores by 2024. DFIs were initially conceptualized to offset delays in India's industrialization, providing long-term financing options for projects. However, their role began to curtail after the 1991 LPG reforms, and some firms exited development banking altogether. The upcoming DFI aims to act as a catalyst for meeting India's long-term infrastructure financing requirements, but regulatory obstacles lie ahead, and measures need to be taken to promote a pro-competitive environment between government and private sector DFIs.

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Description

The Indian government plans to establish a Development Finance Institution (DFI) to support the infrastructure industry, with a base capital of Rs.

Technical Information

  • File Format: PDF
  • File Size: 3.12 MB
  • Pages: 8
  • Language: EN
  • Total Downloads: 48
  • Last Updated: 4 weeks ago

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