Financing Infrastructure in India
To give boost to the economic activities and accelerate the pace of growth in any economy, infrastructure development and spending are the key factors worldwide. India’s objective of double-digit growth requires a quantum jump in infrastructure sector capital formation. As per Economic Survey 2017-18, “..In order to ensure high and sustainable growth, there has been a substantial step up of investment in infrastructure mostly on transportation, energy, communication, housing & sanitation and urban infrastructure sector. Enhanced investment on infrastructure sector will certainly help in creating jobs both directly and indirectly. As pointed out in Economic Survey, 2016-17 (Volume II, Chapter 8), India is far ahead of many emerging economies in terms of providing qualitative transportation related infrastructure. However, the Global Infrastructure Outlook reflects that rising income levels and economic prosperity is likely to further drive demand for infrastructure investment in India over the next 25 years. Around US$ 4.5 trillion worth of investments is required by India till 2040 to develop infrastructure to improve economic growth and community wellbeing. The current trend shows that India can meet around US$ 3.9 trillion infrastructure investment out of US$ 4.5 trillion. The cumulative figure for India’s infrastructure investment gap would be around US$ 526 Billion by 2040..”.
“India Infrastructure Finance Company (UK) Limited hereby cautions General Public that it has come to its notice that some unscrupulous elements with fraudulent intent are reportedly using company’s name and logo and informing that personal loan in Indian Rupees are being disbursed by the company.
IIFC(UK) Limited hereby cautions General Public against such fictitious offers of personal loans in Indian Rupees by the company and advises General Public that the company do not give personal loans or lend to Individuals.
The General Public are further advised that if you receive an email that appears to be from the Company making such fraudulent offers, forward it to us immediately at email@example.com Or report to Local Police / Economic Intelligence Unit against such fictitious offers of whatsoever nature. You are cautioned not to furnish your account details or Password or any other information sought from you.
IIFC(UK) Limited shall not be responsible for any loss, damage or any misfeasance caused in furtherance of such bogus communication / offers.”
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