India to allow insurance firms to invest in infrastructure SPVs: minister

NEW DELHI, Oct 1 (Reuters) - India will allow insurance companies to invest in infrastructure projects, Finance Minister P. Chidambaram said on Monday, in a move that may help meet huge funding requirements as Asia's third largest economy seeks to build roads and improve the power sector.

(Reporting by Manoj Kumar and Arup Roychoudhury)


rs Messaging: