Finance Minister Mr.Arun Jaitley has allocated following amount allocation
to the respective headers, which are large scale infrastructure projects in India:
- MNREGA: 48,000 crore
- PM Awas Yojna (rural): Rs 23,000 crore
- Agricultural credit: Rs 10 lakh crore
- Irrigation fund corpus: Rs 5,000 crore
- NABARD Dairy fund corpus Rs 8000 crore, initial amount at Rs 2000 crore
- National rural livelihood mission: 4,500 crore
- Panchayat Raj Allocation: 1,87,223 crore
- Industrial Skill Training: Rs 2,200 crore
- Skill Acquisition and Knowledge Awareness: 4000 crore (Sankalp)
- Women and children welfare across ministries: 1,84,632 crore
- Schedule caste welfare allocation 52,393 crore
These days risk sharing concept of the ‘Consortium’ and ‘Lead bank / Lead Investor’
has proven model for the risk and return sharing parameters.
Politics and people are supporting the development and projects are becoming viable
by way of average interest rates for longer tenures to the developer and an investor.
Also funding agencies help companies to go for multiple schemes. Some of the cases
wherein companies have sought for the ‘Corporate Debt Restructuring’ (CDR) and those
have been approved by these funding agencies by extended tenure and mutually accepted
Interest rates, ultimately which helped
projects to get completed and not leaving the development from the projected pace.
COMPAXED helps clients for project finance from the
inception of enquiry to closure of the project with effective recommendations.
