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Capital infusion into National Investment and Infrastructure Fund (NIIF) Debt Financing Platform

Posted on: November 26, 2020 | Back | Print

The Cabinet has given its approval for equity infusion by Government of INR 6000 crore (approx. USD 800 million) in NIIF Debt Platform sponsored by National Investment and Infrastructure Fund (NIIF), comprising of Aseem Infrastructure Finance Limited (AIFL) and NIIF Infrastructure Finance Limited (NIIF-IFL). This was one of the twelve key measures made by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, as part of Government of India’s stimulus to the economy, under AatmaNirbhar Bharat 3.0 on 12th November, 2020. NIIF Infrastructure Debt Financing Platform is expected to contribute nearly INR 1 lakh crore (approx. USD 13.5 billion) in debt to the infrastructure sector over the next 5 years. The approval supports the efforts of the platform to raise international equity. The move will act as a catalyst in attracting more investments into the infrastructure sector as envisaged in National Infrastructure Pipeline.

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