The Confederation of Indian Industry (CII) has proposed the creation of a sovereign-backed, professionally managed India Development and Strategic Fund (IDSF) to finance India’s long-term growth and global economic security. Conceived as a twin-arm national fund, the proposed institution is aimed at mobilising patient, long-horizon capital to build India’s productive capacity at home and secure critical economic interests abroad.

Calling for structural and perpetual sources of long-term capital to go beyond the annual budget cycle, CII Director General Chandrajit Banerjee pitched for a sovereign-anchored, professionally managed instrument to invest in both national capacity and strategic security. The proposed fund is aimed at mobilising domestic and global savings and recycling national

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