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Union Cabinet: Capital Infusion of Rs 6,000 crores into NIIF approved

On November 25, 2020, the Union Cabinet approved Rs 6,000 crores of capital infusion into the National Infrastructure Investment Fund. This is a part of the Atma Nirbhar Bharat Abhiyan. The move will leverage to create financial pipeline of Rs 1 lakh crore. National infrastructure investment fund The National Investment Infrastructure Fund was set up ..

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Coal India Ltd. plans to invest over Rs 1.22 lakh crore

Coal India Ltd (CIL) recently decided to invest over 1.22 lakh crore rupees on development of nearly 500 projects. It includes coal evacuation, infrastructure, project development, exploration and clean coal technologies in the country. The investment aims at making India self-reliant in terms of coal and achieve the production target of 1 billion tonnes by ..

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