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Borrowing &
Policy
Reforms
BORROWING
* Net market
borrowing
for 2011-12
seen at 3.43
trillion
rupees, down
from 3.45
trillion
rupees in
2010-11
* Gross
market
borrowing
for 2011-12
seen at 4.17
trillion
rupees
* Revised
gross market
borrowing
for 2010-11
at 4.47
trillion
rupees
POLICY
REFORMS
* To create
infrastructure
debt funds
* FDI policy
being
liberalised.
* To boost
infrastructure
development
with
tax-free
bonds of 300
billion
rupees
* Food
security
bill to be
introduced
this year
* To permit
SEBI
registered
mutual funds
to access
subscriptions
from foreign
investments
* Raised
foreign
institutional
investor
limit in
5-year
corporate
bonds for
investment
in
infrastructure
by $20
billion
* Setting up
independent
debt
management
office;
Public debt
bill to be
introduced
in
parliament
soon
* Bills on
insurance,
pension
funds,
banking to
be
introduced.
*Constitution
Amendment
Bill for
introduction
of GST
regime in
this
session.
*New
Companies
Bill to be
introduced
in current
session
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