Submissions are invited for Name, Tagline & Logo Contest for Development Finance Institution by Govt of India for the year 2021. The last date of submission is 15 August.
For many years, banks had been the primary source of funding infrastructure. Government has now taken a decision to create a Development Finance Institution (DFI) exclusively for funding infrastructure. This has been approved by Parliament through the National Bank for Financing Infrastructure & Development Act, 2021. This Infra DFI will be a Development Bank with credibility and a mandate through explicit Government support.
This DFI will crowd in, not elbow out, other lenders. It will not do everything itself. Therefore, it will not only be a provider of credit and credit plus services but equally, be an enabler and a catalyst for a new ecosystem for infra based on collaboration and on partnership. Its operations will prioritize risk mitigation, product innovation, accessing green and ethical funds and helping to develop a vibrant bond market.
In view of the above, the Department of Financial Services, Ministry of Finance invites citizens to coin a name, suggest a tagline and design a logo for Development Finance Institution (DFI) which represent the spirit of the activities as described above.
Name, tagline and logo should represent the intent behind setting up of the Development Finance Institution (DFI) and be a clear marker of what it will/can do. It should in effect be like a visual signature, easy to recall and pronounce. Each of the three elements would stand out on its own but would represent, a synergized approach.
Interested candidates can submit entries via this page.
Entries for the competition are invited up to 15th August, 2021.
The Winning entry will be awarded cash prizes for each category (1st, 2nd and 3rd prize each for Name, Tagline and Logo)
- Name: Rs. 5,00,000/- (1st), Rs. 3,00,000/- (2nd) , Rs. 2,00,000/- (3rd)
- Tagline: Rs. 5,00,000/- (1st), Rs. 3,00,000/- (2nd), Rs. 2,00,000/- (3rd)
- Logo: Rs. 5,00,000/- (1st), Rs. 3,00,000/- (2nd), Rs. 2,00,000/- (3rd)
Entries will be evaluated on creativity, vibrancy, ability to connect with the theme, citizens and all stakeholders should reflect the spirit of New India as we celebrate Azadi Ka Amrut Mahotsava with India@75.
Click here to view the official notification of Name, Tagline & Logo Contest for Development Finance Institution by Govt of India.
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