Union Cabinet has approved setting up Development Finance Institution, DFI in acknowledgment of the realization that both development and financial objectives will matter for this Institution. Briefing reporters in New Delhi after the cabinet meeting, Finance Minister Nirmala Sitharaman said, the institution will help in raising the considerable amount from the market. She said, DFI will also help raise long-term funds. In the budget 2021-22, Mrs Sitharaman had announced setting of DFI with a Ca