So tax-free infrastructure bonds for infra projects will be issued. Assuming they would be similar in nature (payouts will be tax-free) to the ones issued earlier, look before you leap.
For those far away from retirement: Why would you want to invest in a product that offers no compounding?
If I have access to a lump sum, I would be better off investing in a productive asset like equity.
What if I invest in a tax-free bond and invest the tax-free payouts in equity? That is like trying to rub your nose with your tongue, when your hands are free? Anyway, if you are interested in this, check this out: