After studying major sovereign wealth funds (SWFs) in different countries, the government is planning to create a ‘Strategic Energy Fund’, Parliament was informed.
“The Planning Commission had prepared a proposal for creation of a ‘Strategic Energy Fund’ for India, after a study of major SWFs based in different counties,” Minister of State for Finance Namo Narain Meena said in a written reply to the Lok Sabha………………………………………..Full Article: Source