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Yunus Committee set up in 1988, under the aegis of Planning Commission recommended the need of an All-India Financial Institution for providing financial assistance to tourism sector in the country. In accordance with the above recommendation, IFCI Limited, other All-India Financial Institutions, Investment Institutions and nationalised Banks promoted a public limited company under the name of “Tourism Finance Corporation of India Ltd (TFCI)” to function as a specialised All-India Financial Institution to cater to the financial needs of the tourism industry.





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