Key Points
Innovative financing instruments such as blended finance, structured project finance, securitization, thematic bonds, biodiversity offerings...and local currency finance, are some of the needs," FM Sitharaman said.AgenciesFM.
Finance Minister Nirmala Sitharaman on Sunday underlined the need for embracing innovative strategies to attract private investment, bridge financing gaps and foster sustainable development of infrastructure in cities..
Addressing the 'G20 Infrastructure Investment Dialogue', the minister said that the situation with regard to financing infrastructure has become even more challenging in the wake of monetary policy tightening in key markets...
Massive investment in infrastructure will be needed to accommodate this growth, she said.. Sitharaman said GIFT International Financial Services Centre (IFSC) has been designated as a special international financial jurisdiction with trusted business regulations, competitive tax structure with focus on ease of doing business...
She informed the gathering that GIFT IFSC has more than 400 entities registered across various business segments, including banks, capital markets, insurance, fintech, aircraft leasing, bullion exchange, and is rapidly growing with healthy and increasing participation of international and domestic financial institutions...
You might be interested in
India stands out as beacon of hope for world economy: FM Sitharaman
14, Oct, 23Sitharaman cited admitting the African Union into the G20, adoption of the Green Development Pact, and commitment to pursue reforms for better, bigger, and more effective Multilateral Development Banks (MDBs) as the key aspects of the consensus building.
Innovating Financing for social impact in India
10, Jun, 23Innovative finance requires rigorous data collection to take evidence-based decisions, performance management, and assess the impact of private funding to the social sector.
InvITs—a made-in-India solution for financing the green transition
15, Mar, 24Infrastructure Investment Trusts, or InvITs, a unique financial tool developed in India, could help channel substantial capital towards green infrastructure projects in the states.
FM Sitharaman reviews PSBs performance amid banking crisis in US, Europe
25, Mar, 23After detailed deliberations the Finance Minister advised PSBs to remain vigilant about the interest rate risks and regularly undertake stress tests
Investments via PLI schemes top priority: Nirmala Sitharaman
11, May, 23India's production-linked incentive (PLI) schemes, designed to encourage investment in the country, are being extended to new sectors including semiconductors and solar components, according to finance minister Nirmala Sitharaman. Speaking at a business conference in Tokyo, Sitharaman promoted India as an attractive location for foreign investment due to relaxed restrictions and a commitment to meeting targets for renewable energy and environmental goals.
Interim Budget: New plans for food parks, self-sufficiency in oilseeds
02, Feb, 24“Efforts for value addition in agricultural sector and boosting farmers’ income will be stepped up,” the finance minister said | Latest News India
FM Sitharaman to review PSBs performance Sat amid financial crisis in West
23, Mar, 23Regularly scheduled meeting could discuss banking troubles in the US and Europe
Focus on infra, investment, innovation, inclusiveness to make India developed nation by 2047: Finance Minister
29, Jul, 23Finance Minister Nirmala Sitharaman on Saturday said the focus of the government is on four Is—infrastructure, investment, innovation and inclusiveness—to make India a developed nation by 2047.
Who will finance the mega cities of the future?
03, Apr, 23Recently, G20’s infrastructure working group concluded its meeting in Visakhapatnam. The focus was on urban infrastructure financing. Mint explains why the financing of future cities is a pressing need and the options available