The finance minister advised that the bank should not only play a catalytic role in mobilising diverse private sector resources but also explore mechanisms to augment its own resources.
Asian Infrastructure Investment Bank allocates $500 million to the government for the development of infrastructure in Mumbai and $75 million to Tata Cleantech Capital.
Asian Infrastructure Investment Bank’s move to invest $200 million to India’s National Investment and Infrastructure Fund is a huge boost to Indian infrastructure, say stakeholders.
