The modalities for raising money from the market through Government guaranteed bonds and commercial borrowings would be decided in consultation with the Department of Economic Affairs.
This would enable HEFA to leverage additional resources from the market to supplement equity, to be deployed to fund the requirements of institutions.
HEFA was set up on 31st May 2017 by centre as a Non Banking Financing Company for mobilising resources for building infrastructure in higher educational institutions under Central Govt.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.