ProjectsToday HCC
Skipper
Contact US : +91-22-61011756 / help@projectstoday.com

Cabinet eases borrowing norms for state govt to fund infra projects

Friday, 21 Apr 2017
Share this on: Facebook Twitter Google LinkedIn

The Union cabinet has eased borrowing norms for the state government to fund infrastructure projects in the country.

The cabinet has allowed the state government entities to directly borrow from bilateral agencies from other countries like Japan, US and Germany to fund its infrastructure projects

The move will provide greater flexibility to the state public sector undertakings (SPSUs).

The move will now allow the state entities to directly borrow and repay the loan required for major infrastructure projects without burdening the state exchequer.

The country plans to invest around Rs 3.96 trillion in FY 2018 to fund its new integrated infrastructure model comprising roads, railways, waterways and civil aviation.


Government of India
Related Projects
9
Related Tenders
139
Diversified
Related Projects
0
Related Tenders
279
 
Name  
Company Name  
 
Email    
Designation  
Contact
Enter Code
 

Comments
 
  
Projects Explorer App

Data Explorer - Facade Search - ProjectsToday

Explore

Free Trial Access

Get Trial Access

Register

REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services