RBI notifies telecom as infrastructure sector

Telecommunications and telecom services has been included as infrastructure sub-sector, thus making it eligible for easy bank financing in addition to overseas fund raising. Further, capital dredging, under the sub-sector ‘Ports’, and slurry pipelines have been included in infrastructure sub-sectors, RBI said in a notification. At present there are five sectors — transport, energy, communication, water and sanitation, and social and commercial infrastructure — which are broadly classified as infrastructure.