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Budget 2021: The Return Of DFI Could Expose The System’s Inadequacies
Has the environment for DFIs changed much in the last 20 years?
02 Feb 2021, 09:28 AM IST
India will soon set up a new development financial institution to raise funds for infrastructure. But that won't be enough. According to experts, it requires an easier regulatory framework and ability to raise money a lower cost to succeed and more.A DFI is an agency to fund infrastructure projects of national importance that may or may not conform to commercial return standards.Finance Minister Nirmala Sitharaman said in her Budget ...
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