New Delhi - The Union Cabinet has approved an additional ₹30,000 crore investment commitment by the Government of India to the National Investment and Infrastructure Fund (NIIF), strengthening the country’s efforts to mobilise long-term capital for infrastructure and other strategic sectors.

With the fresh allocation, the government’s total commitment to NIIF has doubled to ₹60,000 crore. The additional funding is expected to support investments in transportation, energy, digital infrastructure, urban infrastructure, electric mobility and other nationally important projects.

The newly approved government commitment will primarily support the creation of NIIF Infrastructure . . .