Governing Council Constituted to Oversee the Activities of the National Investment and Infrastructure Fund (NIIF) Under the Chairmanship of Finance Minister

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..... Governing Council Constituted to Oversee the Activities of the National Investment and Infrastructure Fund (NIIF) Under the Chairmanship of Finance Minister - News and Press Release Dated:- 14-11-2015 - News - With a view to maximizing economic impact mainly through infrastructure development in commercially viable projects, both greenfield and brownfield, including stalled projects, Government .....

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..... has approved the creation of National Investment and Infrastructure Fund (NIIF) which aims to attract investment from both domestic and international sources. A contributory and determinate investment trust called National Investment and Infrastructure Fund (the Fund or the Trust ) under the provisions of the Indian Trusts Act, 1882 has been registered. Secretary, Department of Economic .....

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..... Affairs, Ministry of Finance, is the Settlor of the Trust. To oversee the activities of the NIIF, it has been decided to constitute a Governing Council with the following composition:- (i) Finance Minister - Chairman (ii) Secretary, DEA - Member (iii) Secretary, Finan .....

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..... cial Services - Member (iv) Ms Arundhati Bhattacharya - Member (v) Shri Hemendra Kothari - Member (vi) Shri T.V. Mohandas Pai - Member The mandate of the Governing Council includes the approval of the following matters: a. Guidelines for Investmen .....

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..... t of Trust property/Corpus of NIIF; b. Parameters for appointment and performance of investment managers/ advisors; c. Any other matter related or incidental thereto. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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