New Delhi, June 29 -- The Union Cabinet's approval of an additional Rs 30,000 crore for the National Investment and Infrastructure Fund is set to accelerate infrastructure build-out and catalyse institutional capital across transportation, energy, digital and emerging sectors, positioning NIIF to deepen its role as India's sovereign-anchored investment platform through 2047.

"Last week approved an additional Government of India's investment commitment of Rs. 30,000 crore towards new and upcoming funds of the National Investment and Infrastructure Fund," Ministry of Finance said in a release. This takes the Government of India's total commitment to NIIF to Rs. 60,000 crore.

NIIF, managed by National Investment and Infrastructure Fund Lim...