ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Reviving DFIs:An Urgent Need

The importance of development finance institutions (DFIs) in nurturing and stimulating industrial investment and growth has been largely neglected in recent policy-making. It is easy to argue that the absence of demand for industrial credit has been responsible for the stagnation in the activity of the DFIs. But this is not so and the debt market cannot substitute for comprehensively designed project finance with project evaluations and guidance to entrepreneurs to acquire a menu of financing packages.

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