Which of the following statements is/are correct with reference to the Development Financial Institution?

A. A Bill will be introduced to set up DFI which will act as a provider, enabler and catalyst for infrastructure financing.

B. A sum of Rs. 20,000 crore has been provisioned in the Union Budget to capitalise Development Financial Institution (DFI).

C. Both A & B

D. None of these

Explanation:

A sum of Rs. 20,000 crore has been provisioned in the Union Budget to capitalise Development Financial Institution (DFI). A Bill will be introduced to set up DFI which will act as a provider, enabler and catalyst for infrastructure financing. To enable Debt Financing of InVITs and REITs by Foreign Portfolio Investors suitable amendments will be done in the relevant legislations.