| The ' 40,000-crore National Investment and Infrastructure Fund (NIIF), India's own sovereign wealth fund, will be launched on February 4 by finance minister Arun Jaitley, sources said. The launch, expected to be a grand event spread over two days, will showcase the specific infrastructure needs of different states.
A few of these projects would be identified for investment. Several domestic, and international infrastructure companies, lenders and sovereign wealth funds, from countries such as Japan, UAE, China, and Australia etc are expected to be present at the launch. The sovereign wealth fund would invest in greenfield, brownfield and stalled projects, which are commercially viable...............................................Full Article: Source
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