National Investment and Infrastructure Fund (NIIF)

Topics Covered: Infrastructure. National Investment and Infrastructure Fund (NIIF): Context: Canada’s PSP, US’ DFC, Axis Bank invest $107 million in NIIF’s master fund. After the new commitment from the three investors, the overall size of the ‘master fund’ has touched USD 2.34 billion. About NIIF: The government had set up the ₹40,000 crore NIIF in …

National Investment and Infrastructure Fund (NIIF)

Topics Covered: Infrastructure. National Investment and Infrastructure Fund (NIIF): Context: Union Cabinet recently gave its approval to the proposal for equity infusion by the Government of Rs. 6000 crores in NIIF Debt Platform – sponsored by the National Investment and Infrastructure Fund (NIIF). The proposal is part of the Aatmanirbhar Bharat 3.0 package announced earlier this …