TNPSC Thervupettagam

IWAI’s Fund Raising

October 14 , 2017 2609 days 1246 0
  • The Inland Waterways Authority of India (IWAI) has raised Rs. 660 crores as “Government of India Fully Serviced Bonds”.
  • The proceeds from these bonds will be utilized by IWAI exclusively for capital expenditure for development of National Waterways (NWs).
Inland Waterways Authority of India (IWAI)
  • IWAI is the statutory body in charge of the waterways in India. Its headquarters is located in Noida, UP.

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