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RBI Data on Corporate Funding

The recent release of state corporate funding data by the Reserve Bank of India (RBI) sheds light on the patterns of investments and projects across various sectors. The data provides insights into the distribution of funding among different states and sectors, offering a comprehensive view of the corporate funding landscape.

This topic of “RBI Data on Corporate Funding” is important from the perspective of the UPSC IAS Examination, which falls under General Studies Portion.

Diverse Investment Landscape

Broad Spectrum of Investments

The RBI’s data showcases investments in a diverse range of sectors, including power, telecom, ports, airports, storage, water management, SEZs (Special Economic Zones), industrial projects, biotechnology, IT parks, roads, and bridges. These investments reflect the multi-faceted nature of corporate funding in the country.

Exclusion Criteria

The data specifically excludes projects funded by the Central or State government, trusts, and educational institutions. The focus is on corporate projects that receive funding from banks and financial institutions.

Key Insights from the Data

Leading States in Project Funding

The data highlights the top five states that secured the highest project funding in the specified period:

  1. Uttar Pradesh: 16.2% of total project funding
  2. Gujarat: 14%
  3. Odisha: 11.8%
  4. Maharashtra: 7.9%
  5. Karnataka: 7.3%

Concentration of Funding

The top five states accounted for a significant 57.2% of the total project cost in the fiscal year 2022-23. This indicates a notable increase from the 43.2% recorded in the previous fiscal year (2021-22).

Surge in Assisted Projects

The data reveals that a total of 547 projects received assistance from banks and financial institutions in the fiscal year 2022-23. These projects collectively accounted for a record-breaking project cost of ₹2,66,547 crore. This is a substantial increase from the 401 projects that received assistance amounting to ₹1,41,976 crore in the fiscal year 2021-22.

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