The News Scroll 23 August 2019  Last Updated at 6:59 pm | Source: PTI

FM proposes measures to enhance fund flows for infra, housing projs

FM proposes measures to enhance fund flows for infra, housing projs
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Aug 23 (PTI) Finance Minister Nirmala Sitharaman on Friday proposed to establish an organisation to provide credit enhancement for infrastructure and housing projects with an aim to enhance fund flows towards such projects.

Announcing steps to prop up the slowing economy, the minister said that in order to improve domestic bond market, the finance ministry will work with the RBI to make it more conducive for investors and bond issuers, as well as facilitate increased trading for price discovery.

The government will also take further action on development of credit default swap markets in consultation with the Reserve Bank and market regulator Sebi.

The minister also outlined steps like labour reforms, amendment to the bankruptcy law to increase investments. PTI DP NKD MKJ


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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