The government today said the capital market route is one of the options for allowing foreign investors in the proposed infra debt fund.
The fund is aimed at meeting financing needs of the core sector, pegged at USD 1 trillion during 12th Plan (2012-17).
The guidelines on infra debt fund is expected in the coming months.
“A lot of preparatory work has gone into this. There are two kinds of routes we are looking into. One is bond route to the infra debt funds and other one is unit route through the capital markets,” Department of Economic Affairs Secretary R Gopalan said at a Assocham meet here.
In the Budget for 2011-12, Finance Minister Pranab Mukherjee had announced the government will facilitate the establishment of dedicated infra debt funds through special purpose vehicles for attracting foreign investment in the infrastructure sector.
