Hike In Rural Development Is Good Step

BY DR. HARSH KUMAR BHANWALA

Executive Chairman, CIFL

This is an infrastructure focused budget in urban and rural area with an emphasis on Capex.

This will pay dividends in the long run. The professionally managed DFI to catalyze infrastructure financing is a huge boost for the sector.

It is a much-needed step to fill-in the financing gap and make it more organised. To enhance the infra pipeline, the sector requires a strong capital inflow.

Further, an increased outlay for rural development, the RIDF will accelerate the infra growth for agriculture and allied activities.