A sovereign wealth fund for India?
A sovereign wealth fund for India?: Given India’s stable external account, the time is ripe to secure long-term strategic interests in oil, gold and manufacturing...
"India’s SWF may be structured along the line of Singapore’s Temasek Holdings, which invests its multiple asset classes across Asia, Australia and New Zealand, Europe, North America, Africa and the Middle East, in addition to being the holding company for Singapore’s listed public sector undertakings. According to the Temasek Review 2016, 28 per cent of its portfolio is invested in Singapore and the balance 62 per cent is invested overseas. The Government of India (GoI) incorporating an SWF would facilitate achieving key political and economic goals."