......What are these bonds? Has this idea come up from the Reserve Bank of India’s restrictions on bank finance to the sector like the 80:20 order? Again, are these bonds mooted on the Singapore pattern? The last 2-3 Central budgets have been earmarking substantial allocations for roads, highways, airports and ports based on the policy of encouraging infrastructure development, which is fundamental to overall economic development. However, because of budgetary constraints and the growing current account deficit (CAD) as also ......
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