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India must focus on making investments in infrastructure: FM

India Infoline News Service | Mumbai | May 05, 2014 15:20 IST

According to FM, the Sustainable Level of Lending can be increased by adopting a comprehensive strategy of augmenting income and reducing expenses

Finance Minister P Chidambaram on Sunday asked the Asian Development Bank (ADB) to double its lending capacity to $20 billion a year in 20 years to help emerging market and poor economies.
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.
is currently trading at Rs. 0, down by 0 points or 0% from its previous closing of Rs. 0 on the BSE.

The scrip opened at Rs. 0 and has touched a high and low of Rs. 0 and Rs. 0 respectively. So far 0 shares were traded on the counter. The current market cap of the company is Rs. 0 crore.

The BSE group '' stock of face value Rs. has touched a 52 week high of Rs. 0 on 01-Jan-1970 and a 52 week low of Rs. 0 on 01-Jan-1970. Last one week high and low of the scrip stood at Rs. 0 and Rs. 0 respectively.

The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 0 % and 0 % respectively.

The stock is currently trading below its 200 DMA.


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114050500228
India must focus on making investments in infrastructure: FM
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
http://www.indiainfoline.com/article/news-top-story/india-must-focus-on-making-investments-in-infrastructure-fm-114050500228_1.html
May 05, 2014 15:20 IST
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FM, chidambaram
Cap, Goods Eng & Infra
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