National Investment and Infrastructure Fund
On 17th November, 2022, Union Minister for Finance & Corporate Affairs chaired the 5th meeting of the Governing Council (GC) of National Investment and Infrastructure Fund (NIIF), in New Delhi.
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 economic impact especially by infrastructure investment in commercially viable projects.
- The Indian government has a 49% stake in NIIF with the rest held by foreign and domestic investors.
- NIIF currently manages three funds each ....
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