| The government is considering an ‘outcome-linked’ payment package as part of incentives for the recruitment of a chief executive of India’s first sovereign wealth fund, the National Investment and Infrastructure Fund (NIIF).
Negotiations on the incentive payment, which will be paid for every $10 billion the fund succeeds in raising, are still on. But an official source said that it could be as high as Rs.10 crore. Another source privy to the details of the negotiations said that efforts are on to have it pegged closer to Rs.2 crore...............................................Full Article: Source
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