Simultaneously, IDFs structured as trusts to be registered with SEBI, are also permitted to be set up to allow the investors to take direct risks and exposure to the infrastructure projects. One such trustbased IDF through the Mutual Fund route has also been set up. Regulatory forbearance for infrastructure projects 23.
While inflation is a little higher in the short term than we had previously expected, it is still well within our target range, and has been boosted by factors which should be essentially transitory, such as the impact of moving Housing NZ rentals to market.