Union Minister Nirmala Sitharaman Chairs 6th Governing Council Meeting of NIIF

Current Context: The 6th Governing Council Meeting of the National Investment and Infrastructure Fund (NIIF) was held on June 9, 2025, in New Delhi, chaired by Union Finance Minister Nirmala Sitharaman.

Organiser

• The meeting was organized by NIIF Limited, under the Ministry of Finance, Government of India.

Constituents

• The Governing Council (GC) includes representatives from sovereign wealth funds, pension funds, multilateral banks, and strategic government counterparts.

Aim

• To review NIIF’s fund performance, capital mobilization strategies, and investment focus, ensuring alignment with India’s infrastructure and economic priorities.

Key Highlights

• Fund Growth: NIIF’s Assets Under Management (AUM) expanded to ₹30,000 crore, catalyzing ₹1.17 lakh crore in investments.
• Investment Strategy: Updates on four active funds—Infrastructure, Private Markets, Climate & Sustainability, and India-Japan Corridor.
• New Initiatives: Plans for Private Markets Fund II ($1 billion corpus) and a bilateral fund with the USA.
• Global Positioning: Emphasis on diversified financing sources and showcasing NIIF’s role in international investor communities.

Question:

Q.1 What is the total Assets Under Management (AUM) reported by National Investment and Infrastructure Fund (NIIF) as of June 2025?

a) ₹20,000 crore
b) ₹25,000 crore
c) ₹35,000 crore
d) ₹30,000 crore

Answer: d) NIIF’s AUM expanded to ₹30,000 crore, which catalyzed investment of ₹1.17 lakh crore into Indian infrastructure projects.