 "Sebi for allowing foreign VCs in infra investment firms")
The final norms would be put in place after taking into account public comments on the proposal and amending the existing regulations. Releasing a concept paper, Sebi said the proposal was aimed at "removing any hindrance for investment in the infrastructure sector through the FVCI route and to boost the infra sector".
According to the 12th five-year Plan (2012-17), India requires Rs 65 lakh crore investment in infrastructure.
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