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Sovereign Wealth Funds Briefing - Categorized | Investment

India: Industry ministry wants SWF to buoy infra project financing

Posted on 31 October 2011

Weeks after the Planning Commission in a note to the Group of Ministers (GoM) on external energy security interface advocated the creation of a $10 billion Strategic Energy Fund to secure global energy assets, the Industry Ministry on Friday pitched for setting up of a sovereign wealth fund (SWF) for infrastructure financing.
This assumes significance in a scenario where current estimates peg the required investment in the infrastructure sector at Rs 45 lakh crore ($1 trillion) over the next five years………………………………………..Full Article: Source


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