Multi-brand FDI in retail can be a stepping stone for the rural infrastructure growth, in spite of some mandates that hinder the smooth implementation of the programme.
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Srei Infra to raise Rs 500 cr
Srei Infrastructure Finance will raise up to Rs 500 crore through a public issue of infrastructure bonds. Srei has not issued retail infrastructure bonds so far, though the tax-saving tool has been available for the last two years.
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Expertspeak: Retail's twin
The low level of land holdings (below 1.5 hectare) in India means that that the average farmer needs to recycle his produce to cash in a short cycle.