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Build, India, Build: Govt assures backing for infrastructure developers
A new partial credit guarantee fund will support private developers. This will help lenders by reducing risks. Investments will flow into long-gestation and urban infrastructure projects. Finance Minister Nirmala Sitharaman stated the fund aims to boost private sector confidence. This initiative will lower capital costs, making public services more affordable.
Sources: Economic Times, Hindu, NDTV +13 more
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