Cabinet approves additional investment commitment of Rs 30000 crore in National Investment and Infrastructure Fund

In a significant step to deepen India?s investment commitment for infrastructure and other nationally important sectors, the Union Cabinet has approved an additional Government of India?s investment commitment of Rs. 30,000 crore towards new and upcoming funds of the National Investment and Infrastructure Fund. This takes the Government of India?s total commitment to NIIF to Rs. 60,000 crore. National Investment and Infrastructure Fund (NIIF) is India?s Sovereign Anchored Fund, professionally run and managed by National Investment and Infrastructure Fund Limited (NIIFL). GOI is 49% shareholder in NIIF and it currently manages capital commitments of approximately Rs. 40,000 crore across its funds and investment strategies. NIIF has demonstrated a strong track record of capital deployment and realisations, having returned close to Rs. 12,000 crore to investors through large portfolio exits.

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