business a new avenue opens up for investment to flow into urban infra

A New Avenue Opens Up For Investment To Flow Into Urban Infra

3 days   👁 11

The budget announced measures including 1.5 lakh crore interest-free loans for state capital expenditure and a 1 lakh crore Urban Challenge Fund. NaBFID will offer partial credit enhancement to infrastructure bonds, potentially improving ratings and attracting investments from long-term funds. This could decrease borrowing costs and accelerate infrastructure development.