A strong emphasis on infrastructure is clearly visible in the budget. Allocation for infrastructure stands at 48.5% of Gross Budgetary Support to plan expenditure. The focus has been two pronged especially increasing refinancing through Indian Infrastructure Financial Corporation (IIFCL) while focussing on current national level infrastructure projects. IIFCL is expected to achieve a cumulative disbursement target of Rs 20000cr by March 31, 2011 and Rs 25000cr by March 31, 2012. In addition, FM proposed to allow tax free bonds of Rs. 30000cr to boost infrastructure development in railways, ports, housing and highways.