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CII Proposes Sovereign‑Anchored India Development and Strategic Fund

CII frames the plan as better capital structuring to create a perpetual pool of long‑horizon financing beyond the budget cycle.

Overview

  • The proposal outlines a twin‑arm design with a Developmental Investment Arm for long‑gestation domestic priorities and a Strategic Investment Arm for overseas assets central to economic security.
  • CII projects a managed corpus of $1.3–$2.6 trillion by 2047, aiming to draw in pension funds, sovereign wealth funds and other institutional investors.
  • The funding roadmap includes an initial budgetary seed, channeling asset‑monetisation proceeds, transferring portions of PSU equity and issuing green, infrastructure and diaspora bonds.
  • The industry body calls for an IDSF Act with majority government ownership under a professional board, capped annual withdrawals, independent audits and a public performance dashboard.
  • CII suggests evolving NIIF into the developmental arm and focusing the strategic arm on energy assets, critical minerals, frontier technologies and key logistics and port infrastructure abroad.