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Infra Fund With Fi Money On Anvil

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BUSINESS STANDARD

The finance ministry is working on setting up an Infra Equity Fund with contribution from financial institutions, Life Insurance Corporation and State Bank of India. The corpus of the fund is expected to be spelt out in the forthcoming Budget.

Senior finance ministry officials told Business Standard, the primary objective of the Infra Equity Fund would be to provide a single-window clearance to fresh infrastructure projects.

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First Published: Feb 04 2002 | 12:00 AM IST

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