The apex committee headed by Prime Minister Manmohan Singh is meeting on Tuesday to discuss key proposals to boost overall demand in the economy. Increased public funding of infrastructure projects and fiscal sops for labour-intensive export sectors affected by the global financial crisis are among the proposals that are likely to be discussed.
The Planning Commission has mooted an idea to expand funding from the Reserve Bank of India to the India Infrastructure Finance Company Ltd, so that infrastructure projects can access finance at lower cost from the government-owned
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