Boost infra growth with surety bonds: IRDAI
The current regulatory framework for surety bonds presents the general insurance industry with a unique opportunity to diversify their portfolio, says IRDAI chairman.
The current regulatory framework for surety bonds presents the general insurance industry with a unique opportunity to diversify their portfolio, says IRDAI chairman.
FM Nirmala Sitharaman said that government targets to develop 100 cargo terminals for multimodal logistics facilities over the next three years.
The rating agency expects total outstanding supply of corporate bonds to increase from around ₹33 lakh crore in FY20 to ₹65 lakh crore-₹70 lakh crore in FY25, with innovations playing a key role.
As spending by the public sector in infra is set to slow down, the government has to look for means to attract private and foreign capital. Some steps have been taken, but will they be enough?
The finance minister announced several details in the Budget to enable the execution of the ₹100-lakh crore infrastructure outlay that Narendra Modi had unveiled in August.