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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Market

India declines to join the SWF herd

Posted on 13 August 2010

From Hindustantimes.com: It didn’t get much notice, but the Indian government stated in Parliament that it had deep-sixed a plan to set up a sovereign wealth fund (SWF). The idea of an Indian SWF makes an appearance every two years or so.
After wasting a few hundred man-hours of the bureaucracy’s time, it is examined and then dropped – only to be brought back in a new form……………………………………….Full Article: Source

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