New Delhi, June 30 -- In a significant step to deepen India's investment commitment for infrastructure and other nationally important sectors, the Union Cabinet, under the leadership of Prime Minister Narendra Modi, has 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. This takes the Government of India's total commitment to NIIF to Rs. 60,000 crore.

National Investment and Infrastructure Fund (NIIF) is India's Sovereign Anchored Fund, professionally run and managed by National Investment and Infrastructure Fund Limited (NIIFL). GOI is 49% shareholder in NIIF and it currently manages capital commitments of app...