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    <title>Search-cum-Selection Committee (SC) constituted under the Chairmanship of Shri Shaktikanta Das, Secretary, Department of Economic Affairs for selecting a CEO for the Investment Management Company, under the National Investment and Infrastructure Fund (NIIF)</title>
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    <description>A Search-cum-Selection Committee chaired by the Secretary, Department of Economic Affairs, will select a market-calibre CEO for the Investment Management Company that manages NIIF investments; the CEO and investment team will receive market-linked compensation and be held to rigorous performance targets. NIIF will be established as a Trust or other legal entity to attract domestic and international capital for commercially viable infrastructure projects, with a Governing Council of government and expert representatives overseeing activities and a government shareholding cap limiting the State&#039;s equity participation.</description>
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