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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, People

Jaitley meets investors, pitches for infra funding

Posted on 02 June 2016

Pitching for investment in India’s first sovereign wealth fund NIIF, Finance Minister Arun Jaitley today met global investors and promised them an “advantageous” tax regime in the country. The Rs 40,000-crore National Investment and Infrastructure Fund (NIIF) was set up in December and is an investment vehicle for funding commercially viable greenfield, brownfield and stalled projects.
During his meeting with global investors, the Minister highlighted the second-generation reform measures undertaken by the government by way of opening up various sectors to FDI as well as making India an investor friendly environment………………………………………..Full Article: Source


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