{"id":405887,"date":"2021-03-20T08:30:01","date_gmt":"2021-03-20T03:00:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405887"},"modified":"2021-03-20T08:47:35","modified_gmt":"2021-03-20T03:17:35","slug":"govt-to-introduce-dfi-bill-in-lok-sabha-next-week-to-fund-infra-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-introduce-dfi-bill-in-lok-sabha-next-week-to-fund-infra-projects\/","title":{"rendered":"Govt to introduce DFI Bill in Lok Sabha next week to fund infra projects"},"content":{"rendered":"<p>The government will next week introduce in the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in Lok Sabha to pave way for setting up of a government-owned DFI to fund infra projects.<\/p>\n<p>The union cabinet earlier this week had approved a budget proposal of setting up a Development Finance Institution (DFI), which will have tax benefits to enable fund raising from investors. <\/p>\n<p>The National Bank for Financing Infrastructure and Development (NaBFID) will be set up with a corpus of Rs 20,000 crore and the government will give an initial grant of Rs 5,000 crore.<\/p>\n<p>The government expects the DFI to leverage this fund to raise up to Rs 3 lakh crore in the next few years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government will next week introduce in the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in Lok Sabha to pave way for setting up of a government-owned DFI to fund infra projects. The union cabinet earlier this week had approved a budget proposal of setting up a Development Finance Institution (DFI), which will have tax benefits to enable fund raising from investors. The National Bank for Financing Infrastructure and Development (NaBFID) will be set up with a corpus of Rs 20,000 crore and the government will give an initial grant of Rs 5,000 crore. The government expects [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-405887","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405887"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405887\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}