Govt expects to finalise infra debt fund norms by June

The government hopes to finalise guidelines for an infrastructure debt fund by June, Economic Affairs Secretary R. Gopalan said on Wednesday.

May 11, 2011 / 15:34 IST

The government hopes to finalise guidelines for an infrastructure debt fund by June, Economic Affairs Secretary R. Gopalan said on Wednesday.

Asia's third-largest economy plans to spend USD 1.5 trillion on its creaking infrastructure in the 10 years to 2017 to expand its choked road network, build power plants and lay rail tracks to foster higher growth.

first published: May 11, 2011 03:07 pm

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