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    <title>First meeting of the Governing Council of the National Investment and Infrastructure Fund (NIIF); Selection Process for Appointment of CEO, NIIF initiated</title>
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    <description>Institutional structuring and regulatory authorisation of the National Investment and Infrastructure Fund included formation of trustee and corporate entities, registration of the trust under the Indian Trust Act, appointment of India Infrastructure Finance Company Ltd and IDBI Capital Market Services Ltd as advisors on initial mandates, and SEBI registration of NIIF as a Category II Alternative Investment Fund. A Search cum Selection Committee has been constituted and publicly advertised the CEO position, including planned foreign recruitment outreach, while the Governing Council reviewed prospective greenfield, brownfield and stalled projects and international investor engagement.</description>
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