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What is the News?
The Union government is awaiting approval of the Securities Exchange Board of India (SEBI) for the New Model for Asset Monetisation.
What is the New Model for Asset Monetisation planned by the Government?
Currently, most of the pension funds and foreign investors are investing in infrastructure projects.
But under this new model, common citizens will be allowed to invest at least ₹1 lakh in infrastructure projects of NHAI (National Highways Authority of India).
For this investment, they will be given an assured income of 7.5% to 8%. This will be a great thing for common investors as they can contribute to infrastructure development as well as benefit from it.
Other News Covered in the Article
Source: This post is based on the article ‘People can soon invest in infra projects: Gadkari’ published in The Hindu on 22nd January 2022.