Force funding of infrastructure: off-budget and off-key?
By: Mukhopadhyay, Partha.
Material type:
ArticlePublisher: 2004Description: p.4396-398.Subject(s): Banks - India | Banks
In:
Economic and Political WeeklySummary: It is easy to force-fund infrastructure by persuading the banks and the RBI to lend money, but this is only likely to result in a fragile banking system. The gains will be greater if the projects are first made viable. Investors will channel resources into infrastructure once a market has been created, regulation put in place, and tariff reform implemented. - Reproduced.
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | Volume no: 39, Issue no: 40 | Available | AR63207 |
It is easy to force-fund infrastructure by persuading the banks and the RBI to lend money, but this is only likely to result in a fragile banking system. The gains will be greater if the projects are first made viable. Investors will channel resources into infrastructure once a market has been created, regulation put in place, and tariff reform implemented. - Reproduced.
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