GS-3, Indian Economy, Uncategorized

Steel firms may get NIIF funding support

The Hindu Issue Government is looking at creating a fund under India’s first sovereign wealth fund, NIIF, which will address capital requirements of domestic steel companies. NIIF National Investment and Infrastructure Fund (NIIF) is a fund created by the Government of India for enhancing infrastructure financing in the country. NIIF, proposed to be set up… Continue reading Steel firms may get NIIF funding support

Editorials, GS-3, Indian Economy, Uncategorized

FDI inflows: short term gain, long-term pain?

News According to the Department of Industrial Policy and Promotion, foreign direct investment (FDI) into India reached highest point during the current fiscal year. India needs large investments—foreign as well as domestic—to meet its vast requirements. Issue Is Foreign Direct Investment (FDI) a secure financing (short term gain)or a long term pain? FDI is virtually… Continue reading FDI inflows: short term gain, long-term pain?