Other regulators need to play active role for REITs, InvITs growth, says Sebi chief Ajay Tyagi
FirstpostThe Sebi chief said a humungous amount of investment needs to go into infrastructure development in India to address the current gap as well as to provide for projected requirements of the economy New Delhi: Pitching for paying adequate attention to the development of REITs and InvITs, Sebi chief Ajay Tyagi Thursday said other regulators including those for insurance, pension and provident funds need to play active role for the growth of such alternative investments. Tyagi said, “Other regulators need to play active supporting role for the development of REITs and InvITs. The Sebi chairman said that a humungous amount of investment needs to go into infrastructure development in India to address the current gap as well as to provide for projected requirements of the economy. “Paying adequate attention to development of alternative investment instruments like AIFs, REITs, InvITs and municipal bonds is equally important,” Tyagi said here.