To give India’s infrastructure sector a further boost, a National infrastructure Bank can be major reform along with the already existing policies. Substantiate (200 Words)
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Enrich the answer from other sources, if the question demands.
IAS Parliament 5 years
KEY POINTS
· In the post pandemic era, planning large immunization programs and announcing incremental stimulus packages have stressed government budgets extensively.
· The private sector, it is distressing to note that the share of private investment in infrastructure has declined from 34% to 23% between fiscal years 2011-15 and fiscal years 2015-20.
· This is the appropriate time for the country to set up a National Infrastructure Bank.
Objectives
· Provide long-term and flexible funding for Infrastructure projects that match the project tenure requirements.
· Platform for attracting private excess global debt capital.
· Bring to the market innovative financial solutions that reduce risk and improve return profiles.
Other countries
· Canadian Infrastructure Bank plans to invest and raise more than $35 billion to help build new infrastructure, transition to a low-carbon economy.
· UK announced the establishment of a new infrastructure bank as part of the government’s spending review.
sivasree 5 years
kindly review
IAS Parliament 5 years
Try to include about the need for the National infrastructure bank. Keep Writing.
yuvaraj 5 years
kindly review thanks
IAS Parliament 5 years
Good attempt. Keep Writing.
Saravanan 5 years
Pls review
IAS Parliament 5 years
Try to mention about the need for National infrastructure bank. Keep Writing.
