05.08.2015 - India: Infratweets: Boosting infra companies
The National Infrastructure and Investment Fund, proposed by finance minister Arun Jaitley in Budget 2015, mimics a Sovereign Wealth Fund with a domestic infrastructure bias. The National Infrastructure and Investment Fund, proposed by finance minister Arun Jaitley in Budget 2015, mimics a Sovereign Wealth Fund with a domestic infrastructure bias. Over and above demonstrating the NDA government’s policy of creatively using off-budget resource raising measures, it is also a relevant vehicle to monetise the goodwill and channelise external investments from Prime Minister Narendra Modi’s very successful diplomatic outreach efforts...............................................Full Article: Source
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