DFI to create financing ecosystem for infra projects
The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on the proposed divestment and asset monetisation programmes, says Dr. TV Somanathan, Secretary Expenditure, Ministry of Finance, Government of India.
We have a 35 per cent increase in allocation for the National Infrastructure Pipeline (NIP). Nearly over Rs 21 trillion needed to be spent by 202