27.3 C
New Delhi
Monday 23 September 2019
Economy India Investment Summit on 4-5 Feb

India Investment Summit on 4-5 Feb

-

- Advertisment -

New Delhi: The Department of Economic Affairs, Ministry of Finance, in partnership with SBI Caps, is organizing an India Investment Summit on 4 and 5 February in the national capital. Investments, including those in sovereign wealth funds and pension funds from across the globe, are expected to pour into the country, facilitated by the 2-day summit. Apart from the infrastructure-related central ministries and departments, many State governments will take part in the summit.

For two days, special focus would be on investment opportunities in the sectors of road transport, highways, ports, urban infrastructure, railways, power and renewable energy, besides State projects. Ministers, senior officials and regulators concerned will be present for interactions with the investors.

The summit will showcase and discuss the huge long-term infrastructure investment opportunities in India. The government has already established a National Investment and Infrastructure Fund (NIIF) as a Category II Alternate Investment Fund (AIF) under the Securities and Exchange Board of India (SEBI) Regulations. The NIIF is to be financed with the government’s own contribution along with equity participation from both foreign and domestic strategic anchor partners, with the government share being 49%.

The objective of the NIIF is to maximise economic impact mainly through infrastructure development in commercially viable projects, both greenfield and brownfield, including stalled projects and other nationally important projects.

Minister of Finance, Corporate Affairs and Information & Broadcasting, Arun Jaitley will be the chief guest on the occasion. He will address the summit on 4 February.

A booklet containing the list of possible infrastructure projects for funding will be released during the summit. To facilitate detailed discussions on specific State government projects and other projects, the entire day of 5 February is going to see focused meetings with investors in various formats.

Subscribe to our newsletter

You will get all our latest news and articles via email when you subscribe

The email despatches will be non-commercial in nature
Disputes, if any, subject to jurisdiction in New Delhi

Leave a Reply

Latest news

Trump vows to fight Islamic terror with India at ‘Howdy, Modi!’

Prime Minister Narendra Modi and President Donald Trump greeted each other with warmth and exuded confidence in making the two democracies work towards attaining shared goals

सऊदी अरब — भारत की ऊर्जा सुरक्षा की ज़रूरत का ख़याल रखा जाएगा

सऊदी अरब के साथ भारत के संबंध पिछले कुछ वर्षों में कई अन्य क्षेत्रों में सहयोग के अलावा विशेषतः ऊर्जा संबंधों पर आधारित हैं

Babul Supriyo in JU: 5th FIR accuses guards of molestation

Even as Babul Supriyo assured Debanjan Ballav's mother that he would file no complaint against her son, the Sanskrit College student who had allegedly assaulted the Union minister lodged this complaint at the Jadavpur police station

Sena needs alliance desperately; BJP can do without it: Poll

This opinion poll found out also how the Congress and NCP would fare without an alliance; like the Shiv Sena, they will both regret it
- Advertisement -

‘China stole US intellectual property to emerge as military power’

This statement from US President Donald Trump comes in the wake of China increasing its military spending by 7% to $ 152 billion to deal with an increasing American presence in the disputed South China Sea region

Khattar will lead BJP to victory in Haryana: Opinion poll

In the ABP News/C voter survey, the opposition criticism of Chief Minister Manohar Lal Khattar notwithstanding, he has been found to be the people's first choice for the post of chief minister. Khattar leads this race with 48% votes.

Must read

You might also likeRELATED
Recommended to you

%d bloggers like this: