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The government on Wednesday announced it will infuse Rs 2,000 crore as equity in a debt platform of the National Investment and Infrastructure Fund (NIIF) in the current financial year. This is part of the Rs 6,000 crore announced by Finance Minister Nirmala Sitharaman under a stimulus package earlier this month.
According to a report by Business Standard, over the next five years of the national infrastructure pipeline, the debt financing platform can potentially support the construction of infrastructure projects worth Rs 1 trillion. This will act as a catalyst in attracting more investments into the infrastructure sector. READ
