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Addressing Infrastructure Financing Needs

Addressing Infrastructure Financing Needs

After liberalisation, the government´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.

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Modi launches Neev Fund in UK

Modi launches Neev Fund in UK

India´s first low-income state infrastructure equity partnership (the Neev Fund) was launched by Prime Minister Narendra Modi in UK in the presence of David Cameron, Prime Minister, United Kingdom.

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Restructuring must be done only when viability is not in question

Restructuring must be done only when viability is not in question

Rather than having viability problems, infrastructure projects are typically “front-ended”, so it is often the mismatch between the lending and the project’s revenue-making tenures that lead to an increased likelihood of restructuring, says Arundhati Bhattacharya, MD & CEO of SBI Capital Markets in an interaction with Sumantra Das.