............“We have requested the government, that if it is still keeping the tax-free bond window open, then we would like to raise funds under Nabard Infrastructure Development Assistance (NIDA),” said Harsh Kumar Bhanwala, chairman, Nabard. The bonds will help raise money to fund rural infrastructure projects, Bhanwala added. NIDA is designed to fund state-owned institutions/corporations — both on-budget as well as off-budget — for creation of rural infrastructure outside the ambit of the rural infrastructure development fund (RIDF) borrowing...
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