Budget: The Finance Minister made steps to increase investment
Finance Minister P Chidambaram's General Budget 2013-14 in the Lok Sabha today are aimed at increasing investment in the country, announced a number of measures.Chidambaram said the investment in the infrastructure debt fund (IDF) will be encouraged.Nhonne SEBI said that so far has been Panjikt to four IDF February 2013 and two of them have started their work.The Finance Minister said that the Asian Development Bank's participation in the Indian Infrastructure Finance Corporation Limited (IIFCL) exploitation of the brand in the market for long-term infrastructure funds will provide more loans to companies.The Finance Minister said that in the past two years, many institutions have been allowed to issue tax-free bonds And these institutions are mobilized in 2011-12 and 30 thousand crore is expected that approximately 25 thousand crore in 2012-13 fiscal unearth.
Finance Minister P Chidambaram's General Budget 2013-14 in the Lok Sabha today are aimed at increasing investment in the country, announced a number of measures.Chidambaram said the investment in the infrastructure debt fund (IDF) will be encouraged.Nhonne SEBI said that so far has been Panjikt to four IDF February 2013 and two of them have started their work.The Finance Minister said that the Asian Development Bank's participation in the Indian Infrastructure Finance Corporation Limited (IIFCL) exploitation of the brand in the market for long-term infrastructure funds will provide more loans to companies.The Finance Minister said that in the past two years, many institutions have been allowed to issue tax-free bonds And these institutions are mobilized in 2011-12 and 30 thousand crore is expected that approximately 25 thousand crore in 2012-13 fiscal unearth.
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