The Union Budget 2021-22 presented in Parliament earlier this month proposed to set up a Development Finance Institution (DFI) with an initial capital of Rs 20,000 crore to fund the Rs 111 lakh crore ambitious National Infrastructure Pipeline (NIP).source https://economictimes.indiatimes.com/industry/banking/finance/prepared-to-handle-any-responsibility-given-by-govt-iifcl-md/articleshow/81255022.cms
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