Give name, tagline, logo for this govt institution and get up to Rs 15 lakh

For creative minds, the Ministry of Finance invites citizens to give a name, suggest a tagline, and design a logo for Development Financial Institution (DFI).

By Rajan Nath - July 28, 2021 5:07 pm

In Union Budget 2021, the Centre had announced a plan to form a Development Financial Institution (DFI) for funding infrastructure. The government has planned to invest Rs 111 lakh crore on over 7000 projects infra projects by 2024-25 under the National infrastructure Pipeline (NIP).

As per the reports, the execution and completion of these projects will require timely finance while the requirement of funds was large.

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This Development Financial Institution will crowd in other lenders, the government stated, adding that it will not do everything itself. It will not only be a provider of credit and credit plus services.

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It will prioritize risk mitigation, product innovation, accessing green and ethical funds, and even helping to develop a vibrant bond market.

For creative minds, the Department of Financial Services, Ministry of Finance, has invited citizens to give a name, suggest a tagline, and design a logo for Development Financial Institution (DFI) which would represent the spirit of the activities as described above.

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The name, tagline, and logo should represent the intent behind the setting up of the Development Financial Institution (DFI). It should be like a visual signature, easy to recall and pronounce.

The entries for the competition have been invited up to August 15, 2021.

Prize details:

For Name: Rs. 5,00,000/-, Rs. 3,00,000/- , Rs. 2,00,000/-

For Tagline: Rs. 5,00,000/-, Rs. 3,00,000/- , Rs. 2,00,000/-

For Logo: Rs. 5,00,000/-, Rs. 3,00,000/- , Rs. 2,00,000/-

-PTC News

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