The government is considering setting up a USD10 billion infrastructure debt fund to help address the funding problems of private-public partnerships in the infrastructure sector, according to a high-ranking official. India’s finance and planning ministries, which are spearheading the plan, might solicit the support of the Asian Development Bank and the World Bank’s International Finance Corporation to raise the necessary capital for the plan, the Deccan Herald says.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.