Jaitley reviews status of sovereign wealth fund
Finance Minister Arun Jaitley on Wednesday reviewed the operationalisation of India's first ₹40,000 crore sovereign wealth fund National Investment and Infrastructure Fund (NIIF), including the selection of its CEO, the Finance Ministry said. Further, Jaitley launched the website of the fund. Announced in the Union Budget 2015-16, the NIIF would invest in infrastructure firms. 