Page 90 - BFSI CHRONICLE 3092022.indd

BFSI Chronicle, 11 Edition September2022
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Webinar on

INFRASTRUCTURE FINANCING -

A PANACEA FOR DEVELOPMENT OF NEW INDIA ON 6TH JULY, 2022

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Banking
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CAI observed July 2022 as the Banking Month amount of budget for infrastructure investment and
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and the celebrations were the initiative of the infrastructure expansion.
Banking, Financial Services and Insurance
IBoard (BFSIB). The first webinar was on the Shri C.M.Khurana made a presentation and mentioned
topic “Infrastructure Financing- A Panacea for that infrastructure development is the backbone of
Development of New India”. Shri C.M.Khurana, Indian economy; it is enabler of the rapid holistic
former Chief General Manager Oriental Bank Of development. when we are developing infrastructure
Commerce was the esteemed panellist. Shri Syamal it is not merely adding to GDP by the quantum of the
Ghosh Ray, consultant BFSIB, Shri B.Rajkumar, infrastructure created but it leads to both forward
advisor, BFSIB and Shri CMA Chittaranjan and backward linkages which in turn lead to further
Chattopadhyay, chairman BFSIB, also graced the developments which become an enabler for rapid
occasion and addressed the august presence. holistic development. He gave an exhaustive list
(from roads and bridges to railways, metros, oil
CMA Chittaranjan Chattopadhyay, welcomed the and gas liquefied natural gas and storage facilities,
esteemed presence and expressed his gratitude to the data centres which are linked to the strength of our
panelist for their time and valuable insight. country, battery storage, solid waste management
water treatment plants, telecommunication and
Shri Syamal Ghosh Ray expressed his delight for telecom services etc.) to be included as infrastructure
such an interesting topic and said that the Indian in the definition of infrastructure as per the latest
government has a huge plan for infrastructure guidelines from the Ministry. He gave illustrations
development and India’s infrastructure investment and explained the linkage between development
program is considered to be one of the largest in of infrastructure sectors and economy as a whole.
the world and therefore to keep in tune with this He gave three illustrations to show how integral
ambitious plan of achieving a 10 trillion economy, infrastructure is to the entire economy as a whole and
this year the finance minister has allocated a huge we can not think of having economic development
The Institute Of Cost Accountants Of India
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