30-June-2026
Economy News
 
Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministry
30-Jun-2026

The government has pledged an additional Rs 30,000 crore towards new and upcoming investment platforms of the National Investment and Infrastructure Fund (NIIF), taking its total commitment to the quasi-sovereign wealth fund to Rs 60,000 crore. The proposal was approved by the Cabinet last week, the finance ministry said on Monday. It’s expected to spur investments across sectors, including transportation, energy, digital infrastructure, urban infrastructure, e-mobility and other nationally important projects, the ministry said, underscoring NIIF’s role in bringing additional private capital and aiding growth.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/govt-pledges-extra-rs-30000-crore-for-niif-move-to-spur-infra-investments-says-finance-ministry/articleshow/132074377.cms