Infra Cos Need To Work On Innovative Instrument To Attract Global Funds: Prabhu | Business Standard News
Stating that there is no dearth of funds, Commerce and Industry Minister Suresh Prabhu Friday said there is a need to work on innovative instrument and structure to attract global money for investment in infrastructure sector. The government is in talks with various global funds to sell India growth story, he said. "I have talked to funds in Australia and Canada and government is trying to work with them. Uniqueness of this is that the pension funds of both Canada and Australia is more than the their national GDP," Prabhu said at an event organised by rating agency Crisil here.