View: India’s new bank for infra financing is clearly mandated to have a ‘developmental role’

And it finally gets an institutional structure that can be a receptacle to monetise global goodwill into friendly funding from all over the world. Synopsis As Nirmala Sitharaman let us know on Tuesday, it is to start with an equity base of Rs 20,000 crore — the largest-ever institutional startup — plus a one-time Rs […]

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$28.75 billion actual global investment vs $153.7 billion indicated till March 4: Govt

The government on Friday said the total indicated investments from global companies is $153.7 billion out of which $28.75 billion are actual investments and the companies have indicated 29.9 lakh employment and have given actual employment to 3.38 between September 2014 and March 2021. “As far as global investors support is concerned, Invest India has […]

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View: A robust ecosystem for project implementation is a must for efficient development of infrastructure

The National Programme and Project Management Policy Framework (NPMPF), launched in October 2020, can give teeth to India’s plans for massive infrastructure development. Synopsis The wave of financial liberalisation and free market ideology led to a gradual dismantling of the development financing structure, with several institutions such as the Industrial Development Bank of India (IDBI) […]

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