Why is India investing more in the stock market?

India is investing more money in the market, with an eye on its future, Finance Minister Arun Jaitley said on Wednesday.

In a speech at the Birla Institute of Management, the finance minister said the government has also begun discussions with foreign investment houses.

He said the finance ministry is examining the feasibility of an institutional fund which would allow Indian businesses to get financing for new investments and other capital expenditures.

The fund would have a total of around Rs 40,000 crore.

He did not specify how much the fund would be, but said it would help the country grow its infrastructure, as well as manufacturing.