<h1>Cabinet Approves Model Tripartite Agreement to Boost Infrastructure Debt Funds, Enhance Long-Term Debt Flow for Projects.</h1> The Cabinet Committee on Infrastructure approved the Model Tripartite Agreement for Infrastructure Debt Funds (IDFs) to facilitate their early operationalization. IDFs, announced in the 2011-12 Union Budget, aim to increase long-term debt flow for infrastructure projects and channel domestic savings. They will refinance existing infrastructure debt, freeing up commercial banks to fund new projects. IDFs can be structured as either a trust regulated by SEBI or a company regulated by RBI. An IDF-NBFC will issue bonds and invest in low-risk Public Private Partnership projects with buy-out guarantees. A binding Tripartite Agreement will involve the Concessionaire, Project Authority, and IDF.