- In rural India, land is the single most important productive asset owned by the people
Why are land reforms
213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTubeInfrastructure Debt Funds
Infrastructure Debt Funds
- In Sept 2011, RBI issued guidelines for permitting banks and NBFCs to set up IDFs to help meet long term financing for the sector
- IDFs would be set up either as MFs or NBFCs
- NBFC sponsoring IDF-MF should have a minimum net owned funds of Rs 300 crore and CAR of 15 percent
- Besides, its NPAs should be less than 3% of net advances and the NBFCs should have been in existence for at least five years and earning profits for the last three years
- Banks and NBFCs would be eligible to sponsor IDFs as mutual funds with prior approval of the RBI
- SEBI has amended the Mutual Funds Regulations to provide regulatory framework for IDF-MFs
- Banks acting as sponsors to IDF-MFs would be subject to existing prudential limits including limits on investments in financial services companies and limits on capital market exposure
Poverty and Unemployment
Assessment of the growth experience: Poverty and Unemployment
- Poverty and unemployment are closely related
- High poverty has a multiplier effect on quality of life, deprivation, malnutrition, 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube