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TMI BlogRS.2,14,000 Crore Allocated for Infrastructure Sector - Rs.30,000 Crore Tax Free Bonds to be Issued - Iifcl to Achieve Disbursement Target of Rs. 25,000 Crore by 2012X X X X Extracts X X X X X X X X Extracts X X X X ..... RS.2,14,000 Crore Allocated for Infrastructure Sector - Rs.30,000 Crore Tax Free Bonds to be Issued - Iifcl to Achieve Disbursement Target of Rs. 25,000 Crore by 2012 X X X X Extracts X X X X X X X X Extracts X X X X ..... ed:- 28-2-2011 X X X X Extracts X X X X X X X X Extracts X X X X ..... igher than current year. This amounts to 48.5% of the Gross Budgetary support to plan expenditure. The Finance Minister, stated that in order to give a boost to infrastructure development in railway ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s, ports, housing and highways development, it has been proposed to allow tax-free bonds of Rs.30,000 crore to be issued by various government undertakings in the year 2011-12. This includes Indian Ra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilway Finance Corporation Rs.10,000 crore; National Highway Authority of India Rs.10,000 crore; HUDCO Rs.5000 crore and Ports Rs.5000 crore. Shri Mukherjee informed that India Infrastructure Finance ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Company Limited (IIFCL) is expected to achieve a cumulative disbursement of Rs.25,000 crore by March 31, 2012. Under the "take out financing scheme", seven projects have been sanctioned with a debt o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Rs.1500 crore. Another Rs.5000 crore will be sanctioned during 2011-12, he informed. X X X X Extracts X X X X X X X X Extracts X X X X
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