The move to establish a National Bank for Financing Infrastructure and Development, to reverse the drag on India's growth potential, is one of challenges. Discuss.
Main Body
National Bank for Financing Infrastructure and Development was enacted with the varsile to provide long term loans to the infrastructure sector. Through the 'sso way': The Indian infrastructure sector has been grappling with an acute liability mismatch where it has short-term borrowing leading to liquidity crunch. NFBI has been aimed to solve the problem however, it will have its own challenges to overcome. The NFBI does not source funds from market, government, etc. while the market already in poor sentiment might not raise enough money for infrastructure project.
from people, rather it sourced funds from market, government, etc. while the market already in poor sentiment might not raise enough money for infrastructural project. Infrastructural projects have a very long gestation period.
Suyash Dwivedi
Land Reforms, Liberalization, Infrastructure & Investment
Infrastructure and Inclusive growth
Infrastructure Financing
121
Total words
1
Paragraphs
analytical
Tone