| Government is looking to tweak the investment norms for NIIF (National Investment and Infrastructure Fund) to allow investors to co-invest in this sovereign wealth fund as also in the individual projects.
The norms would be tweaked within the broad framework of the investment to take into account suggestions from the domestic and overseas investors, Economic Affairs Secretary Shaktikanta Das said. Das also expressed hope that the retail inflation would remain at 5 per cent this fiscal, in line with the RBI's projection, and help India develop into a low-cost economy in terms of lower interest rates, transaction costs and logistics costs...............................................Full Article: Source
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