The International Finance Corporation (IFC) plans to invest $10 million (around Rs 76 crore) in a new private equity fund of India Alternatives. IFC is also considering another $500,000 commitment to the India Alternatives Private Equity Fund II as part of its Women Entrepreneurship Finance Initiative.

The company has provisionally completed the project Rehabilitation and upgradation of NH-66 (Erstwhile NH-17) from Km 406/030 to Km 450/170 (Kalmath to Zarap Section) to four lanes with paved shoulder in the state of Maharashtra under NHDP- IV on Hybrid Annuity Mode.

Projects are under way to deliver 24X7 pressurised water supply to consumers and achieve target of NRW (non-revenue water) by reducing losses through development of suitable water infrastructure and utility improvements. The projects are designed to deliver water to about 29 lakh people.

Mahindra Renewables Pvt Ltd (mrpl), a subsidiary of the mahindra group’s cleantech arm mahindra susten, is planning to invest around $171 million on a solar power project in rajasthan. The company will set up a 250 mw solar plant and the project will be backed by the international finance corporation (ifc).

Lot of demand exists in the affordable housing segment. In order to meet the housing for all by 2020, there is a direct intervention by government through various initiatives such as CLSS, tax benefits and more under the affordable housing sector.

The Government of Gujarat aims to develop Gujarat International Finance Tec-City (GIFT) as a technology and fintech hub.

The Government of Karnataka has approved 24x7 water supply project for city of Udupi. The three works sanctioned under this scheme includes carrying the water from Varahi to water treatment plant at an estimated project cost of Rs 119.5 crore, treatment of raw water at plant at a cost of Rs 47.58 crore, and distribution of water to Udupi city 24x7 at a cost of Rs 103 crore.

The Government of Karnataka has approved 24x7 water supply project for city of Udupi. The three works sanctioned under this scheme includes carrying the water from Varahi to water treatment plant at an estimated project cost of Rs 119.5 crore, treatment of raw water at plant at a cost of Rs 47.58 crore, and distribution of water to Udupi city 24x7 at a cost of Rs 103 crore.

The Parliamentary Standing Committee on Finance (2003) in its 55th Report recommended that Government of India may consider setting up of an apex body viz. National Rural Bank of India.