09.09.2011 - India moots $10 bln sovereign wealth fund
A government panel has proposed that India should set up a $10 billion sovereign wealth fund, a senior policy maker said Thursday, underscoring the fast-expanding economy's intent to ready a warchest for securing global energy assets. "There is a case for a small one [sovereign wealth fund]. The finance ministry has to look at it," said Montek Singh Ahluwalia, deputy chairman of the Planning Commission, the top government think tank..............................................Full Article: Source
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