TAP PENSION, INSURANCE FUNDS TO BRIDGE 30% GAP IN INFRA FUNDING

Finance Minister Pranab Mukherjee has said there may be a 30% gap in infrastructure funding requirement, targeted at Rs 41 lakh crore, in the 12th Plan (2012-17). The country's needs to encourage long-term investment, from the pension and insurance sector, in the infrastructure space to bridge the deficit.