TaxTMI 
TaxTMI 
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
X X X X Extracts X X X X
X X X X Extracts X X X X
....S.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 <br>News and Press Release<br>Date....
X X X X Extracts X X X X
X X X X Extracts X X X X
....d:- 28-2-2011<br><BR>Announcing the General Budget 2011-12 here today, Shri Pranab Mukherjee, Finance Minister, proposed an allocation of Rs.2,14,000 crore for infrastructure sector, which is 23.3% hi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....gher than current year. This amounts to 48.5% of the Gross Budgetary support to plan expenditure. The Finance Minister, stated that in order to give a boost to infrastructure development in railways....
X X X X Extracts X X X X
X X X X Extracts X X X X
...., ports, housing and highways development, it has been proposed to allow tax-free bonds of Rs.30,000 crore to be issued by various government undertakings in the year 2011-12. This includes Indian Rai....
X X X X Extracts X X X X
X X X X Extracts X X X X
....lway Finance Corporation Rs.10,000 crore; National Highway Authority of India Rs.10,000 crore; HUDCO Rs.5000 crore and Ports Rs.5000 crore. Shri Mukherjee informed that India Infrastructure Finance ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Company Limited (IIFCL) is expected to achieve a cumulative disbursement of Rs.25,000 crore by March 31, 2012. Under the "take out financing scheme", seven projects have been sanctioned with a debt of....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... Rs.1500 crore. Another Rs.5000 crore will be sanctioned during 2011-12, he informed.<BR> News - Press release - PIB....