{"id":360941,"date":"2020-07-03T10:57:55","date_gmt":"2020-07-03T05:27:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=360941"},"modified":"2020-07-03T10:57:55","modified_gmt":"2020-07-03T05:27:55","slug":"nhai-moves-step-ahead-to-set-up-invit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-moves-step-ahead-to-set-up-invit\/","title":{"rendered":"NHAI moves step ahead to set up InvIT"},"content":{"rendered":"<p>Road Transport and Highways ministry on Friday says National Highways Authority of India will soon set up Infrastructure Investment Trust (InvIT). Towards this, a new company is being set up to act as the investment manager to the proposed InvIT.<\/p>\n<p>InvIT is an investment scheme similar to a mutual fund that allows investment from individuals and institutional investors in infrastructure projects to earn a portion of the income as return. NHAI will be the first InvIT to be sponsored by any government or semi-government entity in the country.<\/p>\n<p>\u201cAs NHAI InvIT shall be the first InvIT to be sponsored by any government or semi government entity in the country, it is important to have a professional management structure for the investment manager,&#8221; an official statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Road Transport and Highways ministry on Friday says National Highways Authority of India will soon set up Infrastructure Investment Trust (InvIT). Towards this, a new company is being set up to act as the investment manager to the proposed InvIT. InvIT is an investment scheme similar to a mutual fund that allows investment from individuals and institutional investors in infrastructure projects to earn a portion of the income as return. NHAI will be the first InvIT to be sponsored by any government or semi-government entity in the country. \u201cAs NHAI InvIT shall be the first InvIT to be sponsored by [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,189],"tags":[],"class_list":["post-360941","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=360941"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/360941\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=360941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=360941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=360941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}