New Delhi, Feb. 12 -- A top government panel tasked to explore ways to raise investment in infrastructure has finalized a slew of recommendations, two people aware of the matter said. The measures propose to attract foreign funds, promote corporate bond finance, build niche funds, and create a new pipeline of public-private partnership projects.

In 2023, the finance ministry formed the committee led by the late economist Bibek Debroy to assess infrastructure parameters and develop a financing framework. The panel conducted extensive stakeholder consultations before finalizing its recommendations, one of the two people cited above said on the condition of anonymity.

The committee has already submitted the first part of its report, and th...