States Gear Up for Asset Monetisation, Maharashtra to Revise InvIT Policy Soon
मुख्य बातें
- •States are responding positively to SEBI's invitation to adopt InvITs for asset monetisation.
- •Maharashtra is expected to revise its InvIT policy in the next 4-5 months.
- •SEBI has been working closely with states to educate them about the benefits of InvITs.
- •InvITs provide a new avenue for investors to participate in infrastructure projects.
- •The adoption of InvITs is expected to boost the country's infrastructure development.
In a significant move to promote asset monetisation in the country, states have started responding positively to the Securities and Exchange Board of India's (SEBI) invitation to adopt Infrastructure Investment Trusts (InvITs). The Bharat InvITs Association has been working closely with states to provide inputs on the regulatory structure, product design, and implementation roadmap for InvITs.
SEBI has been actively engaging with states to educate them about the benefits of InvITs, which are a relatively new instrument for raising funds for infrastructure projects. InvITs allow investors to pool their resources and invest in infrastructure projects, providing a steady income stream. This, in turn, helps to attract more foreign investment and reduces the burden on the government to fund infrastructure projects.
