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    <title>Mobilization of funds for Infrastructure Development</title>
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    <description>Government initiatives to mobilize long-term infrastructure finance prioritize market-based vehicles - Infrastructure Debt Funds, REITs/InvITs, the National Investment and Infrastructure Fund, and a municipal bonds framework - together with permitting complete tax pass-through to securitisation trusts and ARCs and facilitating take-out finance. Concurrently, bank lending constraints have prompted modified guidelines for flexible structuring, refinancing of project loans and the 5/25 Scheme to extend loan tenor and improve bankability.</description>
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