The Cabinet Committee on Economic Affairs has approved the following steps to promote the operationalisation of Infrastructure Debt Funds (IDFs):    (a) Capping of the annual Guarantee Fee payable to the Concession Authority at 0.05 per cent p.a. of outstanding debt financed by the IDF NBFC (Non Banking Financial Companies) for the first three years of operation of the IDF NBFC; and    (b) Access to the benefits of Public Financial Institutions (PFI) status to IDFs like permitting IDF NBFCs to file Shelf Prospectus under Sec. 60 A of the Companies Act, 1956 and access to provisions of the SARFAESI Act, including to the adjudicatory process through Debt Recovery Tribunals as currently permitted to Banks and PFIs.    In addition, post-successful COD PPP projects shall now be eligible for investment by insurance companies, provident funds (PFs), EPFO, mutual funds (MFs), etc. IDFs are expected to channelise long term funds from insurance and pension funds, sovereign wealth funds, etc to supplement lending for infrastructure projects by commercial banks which are increasingly being constrained by their asset-liability mismatch and exposure limits.