Still recovering from the ĆĀ“zero tollĆĀ“ period during the demonetisation rollout, many infra players are waiting for cash compensation from the government so that they can stay solvent.
Tag: infra sector
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ThereĆĀ“s a need to create a pool of professionals
The focus should heavily be on skilling, re-skilling and up-skilling of labour resources. In order to grow and make campaigns like ĆĀ“Make in IndiaĆĀ“ a success, the industry needs access to talent that is ĆĀ“job readyĆĀ“-talent that needs minimal or no training when recruited for a particular role.
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Srei 's IDF
Having received approval from the Sebi for setting up an infra debt fund (IDF) through the mutual fund route, Srei Infrastructure Finance would begin the process now and hopes to launch it in January 2013. The Kolkata-based NBFC said that this would be finalised later. IDF is required as the country is set to invest huge amounts into the infra
sector and banks are close to hit their infra exposure limit.