National Investment and Infrastructure Fund to be Set up
PrintListen to this Article
The Union Finance Minister Shri Arun Jaitley has announced the setting up of a National Investment and Infrastructure Fund (NIIF). Presenting the General Budget 2015-16 in the Lok Sabha here today, the Finance Minister stated that an annual flow of Rs.20,000 crore will be ensured for the NIIF. This will enable the Trust to raise debt, and in turn, invest as equity, in infrastructure finance companies such as IRFC and NHB. The infrastructure finance companies can then leverage this extra equity, manifold.
Category : Budget | Comments : 0 | Hits : 257
The Union Budget 2026 marks a strategic shift in India’s approach to strengthening its financial ecosystem and positioning the country as a global financial and operational hub. The Bu...
Union Budget 2026-27 Prioritises Expansion of Manufacturing Across Seven Strategic Sectors
Union Budget 2026-27: Accelerating Manufacturing & Strategic Growth The Union Budget 2026-27, presented by Finance Minister Smt. Nirmala Sitharaman, lays strong emphasis on scali...
Budget 2026-27 Emphasises Sustainable Growth, Strengthening Capabilities and Inclusive Progress
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while presenting the Union Budget for 2026–27 in Parliament on Tuesday, outlined three key Kartavyas aimed at accelerat...
Comments