The Centre had approved companies' fund raising worth Rs 60,950 crore through extÂernal commercial borrowing (ECB) or foreign currency cÂoÂnvertible bonds (FCCB) for inÂfrastructure projects in the last two financial years.
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Insuredly Yours
LIC's total assets (Rs 12 lakh crore) almost match the amount the Railways are going to spend on infrastructure over the next 10 years.