External Commercial Borrowings ( ECB ) Policy – mining, exploration and refining added

By Vijay Kumar

At present, Infrastructure sector is defined in the ECB policy as (i) power, (ii) telecommunication, (iii) railways, (iv) road including bridges, (v) sea port and airport (vi) industrial parks and (vii) urban infrastructure(water supply, sanitation and sewage projects);

Now mining, exploration and refining are added

Department of Economic Affairs, Ministry of Finance Press Release dated October 07, 2008