RS.2,14,000 Crore Allocated for Infrastructure Sector - Rs.30,000 Crore Tax Free Bonds to be Issued - Iifcl to Achieve Disbursement Target of Rs. 25,000 Crore by 2012 https://www.taxtmi.com/news?id=1594 The Budget channels a substantial portion of plan support to infrastructure and authorises issuance of tax-free bonds by government undertakings to mobilise long-term project finance. A government financing intermediary is assigned a cumulative disbursement target and operates a take-out financing scheme with specified project sanctions and further sanctioning planned, combining bond issuance with intermediary refinancing to advance infrastructure projects. en-us Mon, 28 Feb 2011 14:17:08 +0530 Mon, 28 Feb 2011 14:17:08 +0530 TaxTMI RSS Generator RS.2,14,000 Crore Allocated for Infrastructure Sector - Rs.30,000 Crore Tax Free Bonds to be Issued - Iifcl to Achieve Disbursement Target of Rs. 25,000 Crore by 2012 https://www.taxtmi.com/news?id=1594 The Budget channels a substantial portion of plan support to infrastructure and authorises issuance of tax-free bonds by government undertakings to mobilise long-term project finance. A government financing intermediary is assigned a cumulative disbursement target and operates a take-out financing scheme with specified project sanctions and further sanctioning planned, combining bond issuance with intermediary refinancing to advance infrastructure projects. News - Mon, 28 Feb 2011 14:17:08 +0530 https://www.taxtmi.com/news?id=1594