Quick Summary
The Government has been contemplating on infusing more investments prioritising growth of infra and health sectors to streamline the economy. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance Corporate Affairs, in a written reply to a question in Lok Sabha today. The Minister stated that to encourage investments in infrastructure including health sector, the following measures have been announced by the Government recently: Amendments in the Securitie
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FAQ :
The government is prioritising investment in infrastructure and the health sector to streamline the economy.
Measures include amendments to financial acts to enable debt financing for InvITs and REITs by foreign investors, tax exemptions for sovereign wealth and pension funds investing in Indian infrastructure, and a revamped financial support scheme for public-private partnerships in infrastructure, which also covers the health sector.
An amount of Rs. 2,23,846 crore has been allocated for Health and Wellbeing expenditure in 2021-22.
The focus areas are strengthening preventive, curative, and wellbeing aspects of health.
NIIF was created in 2015 to attract equity investments from domestic and international sources for infrastructure development in commercially viable projects.
Receipts from disinvestment of Central Public Sector Enterprises (CPSEs) are used for funding development and infrastructure projects.
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