- Cap, Goods Eng & Infra
India must focus on making investments in infrastructure: FM
According to FM, the Sustainable Level of Lending can be increased by adopting a comprehensive strategy of augmenting income and reducing expenses
Speaking at annual meeting of ADB in Astana, Kazakhstan on Sunday, Chidambaram said that ADB should be sufficiently resourced to support the growing needs of the members, and address serious challenges such as fighting poverty or developing much needed infrastructure.
"Policies to revive growth in most emerging markets, including India, will have to be focused on increasing investments, particularly in infrastructure," he said.
According to the finance minister, the Sustainable Level of Lending (SLL) can be increased by adopting a comprehensive strategy of augmenting income and reducing expenses.
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India Infoline Research Team / 10:30, Jul 13, 2015
Tourism Finance Corp (TFCIL), a niche financier of tourism related projects and activities, has witnessed a sharp moderation in loan growth from 32% in FY12 to just 1% in FY14