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...
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