14.05.2010 - India to raise $11 bln infrastructure fund-report
From Reuters: India plans to launch an $11 billion fund to build infrastructure, with 40 percent of the corpus from overseas investors. The government proposes to raise $4.4 billion from overseas pension, insurance and sovereign wealth funds and the remainder from domestic institutions. The decision to create the fund was taken at a meeting in New Delhi on Wednesday, headed by Planning Commission's deputy chairman, Montek Singh Ahluwalia, it said..............................................Full Article: Source
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