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Experts at PricewaterhouseCoopers use the discerning glass to decipher what Budget 2011-12 means to the infrastructure industries.Infra financeThe infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year. The lower FDI flows is an area of concern which has to be addressed by reinitiating reforms in the financial sector. The budget was expected to ease the flow of domestic and international funds into the infrastructure sector. Revitalising the corporate bond market, liberalisation of investment norms for pension funds and operationalisation of infrastructure debt fund were some of the expectations.With a Rs 214,000 crore outlay, measures to boost infrastructure financing have been introduced: