Government of India recently launched Infrastructure Debt Fund (IDF) with the objective of mobilizing capital to fund the debt portion of the infrastructure projects in India. A delegation consisting of Mr R Gopalan Secretary, and Mr K.L.Prasad Advisor, Department of Economic Affairs, Ministry of Finance, Government of India visited Singapore on 20th and 21st Oct 2011 to interact with selected financial Institutions for inputs on IDFs and general economic policy.

During the visit, the delegation met senior management representatives from Financial Institutions for their feedback and suggestions on IDF. The High Commission of India in association with ISAS Singapore organized a talk on “India’s Economy between two Budgets” by Mr R Gopalan which was well attended by the people representing Banking & Financial Institutions, Businesses and lawyers, academicians etc.