Prime Minister to preside over Virtual Global Investor Roundtable

News: The Prime Minister will chair the Virtual Global Investor Roundtable (VGIR). Facts: Organized by: Ministry of Finance and National Investment and Infrastructure Fund(NIIF) What is it? It is an exclusive dialogue between leading global institutional investors, Indian business leaders and the highest decision makers from the Government of India and Financial Market Regulators.  … Continue reading Prime Minister to preside over Virtual Global Investor Roundtable

National Investment and Infrastructure Fund(NIIF)

News:Union Finance minister has chaired the governing council meeting of National Investment and Infrastructure Fund(NIIF). Facts: About NIIF: NIIF is India’s first sovereign wealth fund set up by the government of India in 2015.It is a fund manager that invests in infrastructure and related sectors in India. It was created with the objective to maximise… Continue reading National Investment and Infrastructure Fund(NIIF)

Govt sets up a task force for drawing up National Infra Pipeline of Rs 100 lakh cr

News:The government has constituted a task force for drawing up National Infrastructure Pipeline of 100 lakh crore rupees from the fiscal year 2019-20 to 2024-25. Facts: The Task Force will be headed by Economic Affairs Secretary.  The mandate of the task force is to identify technically feasible and economically viable infrastructure projects that can be… Continue reading Govt sets up a task force for drawing up National Infra Pipeline of Rs 100 lakh cr

Government to roll out big push for infrastructure

India has decided to organize an annual global investors meet in the country similar to the World Economic Forum(WEF) in Davos. The idea for holding a summit is being mooted at a time the government is looking to attract more investments from overseas.This will spur economic growth and generate more jobs. India also wants to… Continue reading Government to roll out big push for infrastructure

NHAI Signs MoU with NIIF for funding highway projects

The National Highways Authority of India(NHAI) has signed an MoU with National Investment and Infrastructure Fund(NIIF) for funding highway projects. This agreement is expected to provide innovative financial models including for the Bharatmala Pariyojana. Bharatmala Pariyojana is an umbrella program for the highways sector that focuses on optimizing efficiency of freight and passenger movement across… Continue reading NHAI Signs MoU with NIIF for funding highway projects

Roadis,NIIF to invest $2 billion

The National Investment and Infrastructure Fund (NIIF) and Roadis,a global transport infrastructure operator has said that they would jointly set up a platform to invest up to $2 billion in road projects in India. The platform aims of creating a large roads platform in the country.It will target the Toll Operate Transfer(TOT) models,acquisitions of existing… Continue reading Roadis,NIIF to invest $2 billion

EverSource, NIIF, CDC to invest $330 mn in Ayana Renewable

The National Investment and Infrastructure Fund of India (NIIF) and Eversource Capital have decided to invest in Ayana, the renewable energy platform founded by UK’s development finance institution CDC. EverSource Capital also manages Green Growth Equity Fund (GGEF).NIIF and CDC are limited partners in GGEF. A limited partnership exists when two or more partners unite… Continue reading EverSource, NIIF, CDC to invest $330 mn in Ayana Renewable