Tag: infrastructure debt fund
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Infra reeling with 20% shortage of skilled manpower-ASSOCHAM
In a study conducted by “The Associated Chambers of Commerce and Industry of India” (ASSOCHAM) finds that our infrastructure industry is facing a significant 20 per cent dearth of project managers leading to project delays and cost overruns. Study titled ‘Road Sector Role in Futuristic Development of India, revealed that “India is currently facing an…
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INDIA SIGNS AGREEMENT WITH WORLD BANK FOR LOW INCOME HOUSING FINANCE PROJECT
The Loan and Project Agreements for World Bank (IDA) assistance of US$100 million for Low Income Housing Finance Project were signed between Government of India/National Housing Bank(NHB)and the World Bank here on 14th August, 2013. The Loan Agreement was signed by Shri Nilaya Mitash, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf…
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Infrastructure debt fund gets ‘AAA’ Crisil rating
Crisil assigned ‘AAA’ rating to infradebt ltd., which is India’s first infrastructure debt fund. Infradebt ltd. becomes the first Infrastructure Development Fund(IDF) under the Non Banking Financial Company structure(NBFC) to get ‘CRISIL AAA’ credit rating