IndiaInsurance
9th September 2010, 07:26 PM
Indian infrastructure is going nowhere without funds and the cash rich insurance sector may get roped into the equation by a desperate government. Insurance regulator IRDA today said it is examining a proposal for removing cap on investment in infrastructure bonds of highly-rated companies by insurers, a move which would increase fund flow in the crucial sector. Indian infrastructure is lagging for want of funds and this may leave the country s people increasingly short of crucial requirements like roads, power, ports and more to speed up the pace of economic growth. We are examining the proposal ... There is a ...
More... (http://in.biz.yahoo.com/100909/50/baw84z.html)
More... (http://in.biz.yahoo.com/100909/50/baw84z.html)