HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
Government to introduce DFI Bill in LS next week
Mar-19-2021

The government will next week introduce in the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in Lok Sabha (LS) to pave way for setting up of a government-owned Development Finance Institution (DFI) to fund infra projects. Earlier this week, the union cabinet had approved a budget proposal of setting up a DFI, which will have tax benefits to enable fund raising from investors. While, listing out government’s business for next week in the Lower House, Minister of State for Parliamentary Affairs Arjun Ram Meghwal today said (NaBFID) Bill 2021, will be introduced. Also, the Insurance (Amendment) Bill, 2021, also will be taken up for discussion. The insurance bill was passed by RS on Thursday.

  RELATED NEWS >>