NIIF Subject : Economy Context :Manipal Hospitals in talks to sell minority stake to govt-backed NIIF and raise around Rs 2,000 crore. Concept : National Investment and Infrastructure Fund The government had set up the ₹40,000 crore NIIF in 2015 as an investment vehicle for funding commercially viable greenfield, brownfield and stalled infrastructure […]
Subject : Economy Context : Public sector utility NTPC is in talks with the government’s strategic investment fund NIIF to set up an infrastructure investment trust (InvIT) as a joint venture. The move will help the company to unlock the value of its renewable energy projects. Concept : The sovereign fund is also expected to […]
Subject : Economy Context : Government has decided to infuse Rs 6000 cr in NIIF debt platform to increase infrastructure funding. Concept : National Investment and Infrastructure Fund (NIIF): NIIF is India’s first sovereign wealth fund set up by the Government of India in 2015. It is an investor-owned fund manager, anchored by the Government […]