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Finance Industry Development Council

Equipment under ‘infrastructure’ list for bank lending to give fillip to infra projects

Equipment under ‘infrastructure’ list for bank lending to give fillip to infra projects
The Finance Industry Development Council (FIDC) has suggested a few things to provide a thrust to the ailing infrastructure industry. Equipment used in building of roads, ports, airports and other infrastructure should be treated as “infrastructure” for the purpose of lending by banks. Bringing “equipment” within the scope of the list of “infrastructure” sectors for [...] Continue Reading »



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