Business

Governing Council Constituted to Oversee NIIF

Governing Council Constituted to Oversee NIIF

Governing Council Constituted to Oversee NIIF

With a view to maximizing economic impact mainly through infrastructure development in commercially viable projects, both greenfield and brownfield, including stalled projects, Government has approved the creation of National Investment and Infrastructure Fund (NIIF) which aims to attract investment from both domestic and international sources.

A contributory and determinate investment trust called National Investment and Infrastructure Fund (the “Fund” or the “Trust”) under the provisions of the Indian Trusts Act, 1882 has been registered. Secretary, Department of Economic Affairs, Ministry of Finance, is the Settlor of the Trust.

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