Question
Which of the following is not an objective of IIFCL’s
Takeout Finance Scheme?Solution
The objectives of the Takeout Finance Scheme, include boosting the availability of longer tenor debt finance for infrastructure projects, addressing sectoral/group/entity exposure issues and asset-liability mismatch concerns of lenders, and expanding sources of finance for infrastructure projects by facilitating participation of new entities such as medium/small-sized banks, insurance companies, and pension funds. Tax exemptions are not mentioned as an objective of the scheme.
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