Union Cabinet approves ₹30,000 crore additional investment in NIIF for new fund creation
The Indian Union Cabinet has approved an additional ₹30,000 crore investment in the National Investment and Infrastructure Fund (NIIF). This funding will support the creation of a second infrastructure-focused fund targeting sectors like energy, digital infrastructure, and e-mobility.
Why it matters
The capital injection aims to catalyze private investment and accelerate development in critical infrastructure sectors across India.
The Union Cabinet, under the leadership of Prime Minister Narendra Modi, has approved an additional investment by the Government of India of ₹30,000 crore in the National Investment and Infrastructure Fund (NIIF) to be used for its upcoming funds, the government announced on Monday (June 29, 2026). The decision itself was taken last week, it said.
The article reports on government policy and financial allocation using official statements.
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