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Issue HighLights:
The new year - 2017 - has ushered in a mixed bag of hopes and worries for the infrastructure sector. Demonetisation held up cash based operations of toll projects that came to a grinding a halt. PM Modi is pushing capital and bonds markets to provide long term finance for infra projects. The tax rates applicable for these financial markets are likely to be revised upwards to generate infra financing. The recent pulls and pushes on the Indian economy has the potential to be a game-changer for the infra segment. ends.
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