Invits
National Highway Authority of India has given the nod to setup Infrastructure Investment Trust (InvITs)
- InvITs are investment scheme similar to mutual funds that allow investment from individuals and institutional investors in infrastructure projects to earn a portion of the income as return.
- NHAI's InvIT will be a trust established under the Indian Trust Act, 1882 and Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.
Impact
- Such a model is more attractive for investors as it provides greater flexibility and they don’t have to build an infrastructure project from scratch and is averse to construction risk.
- Under InvIT, highway projects ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Viksit Bharat@2047 & $5 Trillion Economy Roadmap
- 2 GST: Current Scenario, Impacts & Concerns of States
- 3 Debt Management
- 4 Informal Sector Inclusion in GDP
- 5 Rising Income Inequality
- 6 Inclusive Growth in India
- 7 Potential GDP: Determinants and Hindrances
- 8 Rising Employment Gap despite Strong GDP Growth
- 9 India’s Economic Growth: Key Statistics & Trends
- 10 India’s Export Competitiveness