<h1>India Plans Rs 55 Lakh Crore Infrastructure Boost: Tax-Free Bonds, IDFs, and Global Partnerships to Drive Investment.</h1> The Finance Minister announced measures to boost investment in India's infrastructure sector, projecting an investment of Rs 55,00,000 crore in the 12th Plan. Efforts will focus on attracting both domestic and foreign investors by improving policy communication and reducing regulatory burdens. Infrastructure Debt Funds (IDFs) will be promoted to provide long-term low-cost debt, and tax-free bonds will be issued to raise funds. The India Infrastructure Finance Corporation Ltd, in collaboration with the Asian Development Bank, will enhance credit for infrastructure companies. Additionally, partnerships with multilateral banks will support regional connectivity projects, particularly in the North Eastern States. The Rural Infrastructure Development Fund will see an increased corpus, with funds allocated for agricultural storage facilities.