Managing Director IIFCL;
Chairman IIFC (United Kingdom);
Chairman IIFCL Projects Ltd. & Chairman IAMCL;
Formerly
Executive Director National Housing Bank
Sh. @Jaishankar_PR, MD @IIFCL met Sh. @DKShivakumar, Dy CM of Karnataka and discussed the various initiatives of Govt. of Karnataka and exchanged views on possibilities of financial assistance and other advisory support to infrastructure projects in the State.
Participated in a G20 side event on Unlocking Resilient Infrastructure. Suggested ways to finance resilience in infrastructure and highlighted how benefits of resilience far outweigh costs in the long-run. @cdri_world@DFS_India@FinMinIndia@PMOIndia
In testament to its all-around performance, IIFCL is proud to share its financial results for FY23 with another successful year of record Sanctions and Disbursements of Rs. 29,171 Cr. and Rs. 13,826 Cr., highest ever profits of Rs. 1,076 Cr.
@DFS_India@FinMinIndia@PMOIndia
MD @IIFCL, Sh. P R Jaishankar, calls for a next level of structural reforms for greater augmentation of investments into Infrastructure Sector.
An exclusive session at the annual 'India Infrastructure Forum 2023'
@DFS_India@FinMinIndia@PMOIndia
@IIFCL celebrates Republic Day with armed forces at the LOC as part of its initiative "Shehr se Sarhad tak" under the Azadi ka Amrit Mahotsav (AKAM).@Jaishankar_PR#shehrsesarhadtak
@Infra_VinayakCh Infra Contracts are Generational to go thru 4 or more Govts -Confidence of Pvt Sector Investors & Stakeholders necessary -For enabling their Trust in the system, Necessary for Holistic Infra Law to Protect Interest of all Stakeholders -Exists in many nations & High Time for India
@Infra_VinayakCh A sound Option to ensure Productive Utilization of Asset Mon Proceeds is to Ring fence it in form of an AM Fund only to be strictly Used for creating Income generating Assets and Activities - If utilized for Unproductive or Consumption expenses, this AM Strategy would be in peril
@Infra_VinayakCh Asset Monitization is a sound resource strategy - only Main Safeguard to be ensured is that Utilization of proceeds to be in Productive Infra Capacity Generation with sound Income Earning potential- & Not in Unplanned Expenses (which may defeat the main purpose)
@Infra_VinayakCh In view of long term nature of concessions, time for holistic Infra Law (including regulatory framework) for ensuring a sound & healthy infra eco system - Protect interests of Promoters, Investors, Developers, Lenders & others in system - Needed to boost Stakeholder Confidence
@Infra_VinayakCh Truly laudable mission - However a sustainable revenue model necessary - Or initial employment of HAM model will help in attracting private capital & boost the mission - Other option is to securitize some receivables of Govt to fund such projects through debt
As need for Private investments into #infrastructure sector increases, it is perhaps time for a National Law on PPPs as already extant in some nations @businessline@PMIndiaOffice
Govt Funding aptly followed by Asset Monitization will lead to Self Sustained Infra Creation & Development -Need larger push for bringing revenue earning assets operated by PSUs in other sectors as well @Official_SecDFS@PMIndiaOffice
As the urgency for transition into a developed high income economy stares at us, there is need for a National PPP Law (like some nations) with authoritative framework for Pub & Pvt sector stakeholders - to restart pvt investments into infra sector @Official_SecDFS@PMIndiaOffice
"TBTF" echos era of "Large FIs with Large Asset Size" -But, Returns on Assets (& Equity) is hallmark of new Mkt Oriented Business Culture -Question "Does Asset Size matter? -"None TBTF" in weaker Reg & Supervisory mileu -Sec Mkt Dev is a soln @Official_SecDFS @DebasishPanda87
Many Infra Sectors now coming with Concessions upto 10 years -Augurs Compatibility with Short to Medium term Yield Curve in Debt Market -Apt for Matching Lower Cost Medium Term 5-7 year loans @Official_SecDFS@Anurag_Office
⛏ NITI Aayog Vice Chairman says its time to stimulate demand by spends on "short - gestation" infra projects. He's right. Lets get started - rural roads & drainage , drinking water connections , minor irrigation works, public buildings .... can a list be readied districtwise ?
Farm to Fork model, now combined with opportunities to Process & Value Add is the comprehensive Agri Strategy India has been lookin forward to -Today Managing Surplus is critical -Offers Good Scope for Processing Industries -Good for Make, Process & Value Add in India
🌽 Whilst the political arena is abuzz on Agri Sector , Corporate Strategy groups have begun a deep-dive on investment opportunities these reforms usher in : cold-chains , pvt mandis ( physical & online ), storage & sorting/grading centres et al. Rural economy now in sharp focus.
Agri Production -Emerging Challenge is to Manage Surplus -Huge boost to Rural Infra necessary for effective "Farm to Fork" Supply Chain -Pertinent to focus on Agri Processing for Value Additions & Exports - 🔼Income, 🔼Employment & 🔼Rural Economy
🌽 Mera gaon mera desh ! With record ⬆️ of 44% in crop sowing area this kharif season, all expectations on agriculture sector to revive demand . Even core sector producers like steel and cement are talking of 'rural demand pull.' Tractors, fertilizers, pesticides, et al hugely ⬆️
Regulatory Framework needs to recognize Refinance as a Sustainable Option for better Project Viability -Pertinent that Lenders extend finance in tune with their liability profiles
Banks & IFCs best suited for taking Construction Risk -On Project Completion, Refinance is a Wise Option (either by a Lender or Bond Market) -Best Sustainable Option & Globally well accepted Fin Architecture -Suits well in existing Indian Institutional and Market framework