#2MinReads #Economy_Currents
Infrastructure Investment Trust(s) (InvIT)
Union Cabinet approved the proposal of Union Ministry of Road Transport and Highways (MoRTH), which authorizes National Highways Authority of India(NHAI) to set up Infrastructure Investment Trust(s) (InvIT).
This will enable NHAI to monetize completed National Highways that have a toll collection track record of atleast 1 year.
NHAI’s InvIT will be established as a Trust, named as ‘InvIT Trust’. InvIT Trust will be under Indian Trust Act, 1882 and Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.
Infrastructure Investment Trust(s) (InvIT)
An Infrastructure Investment Trust (InvITs) is like a mutual fund, which enables direct investment of small amounts of money from possible individual/institutional investors in infrastructure to earn a small portion of the income as return.
Infrastructure Investment Trust(s) (InvIT)
Union Cabinet approved the proposal of Union Ministry of Road Transport and Highways (MoRTH), which authorizes National Highways Authority of India(NHAI) to set up Infrastructure Investment Trust(s) (InvIT).
This will enable NHAI to monetize completed National Highways that have a toll collection track record of atleast 1 year.
NHAI’s InvIT will be established as a Trust, named as ‘InvIT Trust’. InvIT Trust will be under Indian Trust Act, 1882 and Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.
Infrastructure Investment Trust(s) (InvIT)
An Infrastructure Investment Trust (InvITs) is like a mutual fund, which enables direct investment of small amounts of money from possible individual/institutional investors in infrastructure to earn a small portion of the income as return.
#2MinReads #Economy_Currents
Euro Corona bonds
Corona bonds would be a collective debt amongst EU member states, with the aim of providing financial relief to Eurozone countries battered by the coronavirus.
The funds would be mutualised and supplied by the European Investment Bank, with the debt taken collectively by all member states of the European Union.
Euro Corona bonds
Corona bonds would be a collective debt amongst EU member states, with the aim of providing financial relief to Eurozone countries battered by the coronavirus.
The funds would be mutualised and supplied by the European Investment Bank, with the debt taken collectively by all member states of the European Union.