Invits

National Highway Authority of India has given the nod to setup Infrastructure Investment Trust (InvITs)

  • InvITs are investment scheme similar to mutual funds that allow investment from individuals and institutional investors in infrastructure projects to earn a portion of the income as return.
  • NHAI's InvIT will be a trust established under the Indian Trust Act, 1882 and Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.

Impact

  • Such a model is more attractive for investors as it provides greater flexibility and they don’t have to build an infrastructure project from scratch and is averse to construction risk.
  • Under InvIT, highway projects ....
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