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ARTICLE · 22 OCTOBER 2020

Infra Needs A Development Finance Institution

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Adevelopment finance institution (DFI), also known as a development bank or a development finance company, is one that provides funding for social development projects.

IndiaFinance and Banking
Dipti Lavya Swain
Dipti Lavya Swain
Shruti Sundararajan
Shruti Sundararajan
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Adevelopment finance institution (DFI), also known as a development bank or a development finance company, is one that provides funding for social development projects. Generally established and owned by governments or charitable institutions, DFIs fund projects that require capital to offset reduced financial returns on investment as they pursue social development objectives. DFIs play a pivotal role in extending credit and boosting economies, especially in developing countries.

DFIs in infrastructure

India has several institutions that aid infrastructure development in key sectors such as power, agriculture, housing, foreign trade and the development of industries. However, there is a clear need for an institution which can promptly take up and help core infrastructure projects.

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