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India approves additional ₹30,000 crore for NIIF to launch new infrastructure funds

India approves additional ₹30,000 crore for NIIF to launch new infrastructure funds

The Union Cabinet cleared an extra ₹30,000 crore investment in the National Investment and Infrastructure Fund, bringing total government commitment to ₹60,000 crore. The move is aimed at creating new funds to boost infrastructure financing.

Original headline

Union Cabinet approves ₹30,000 crore additional investment in NIIF for new fund creation