Explanation:

• The United States International Development Finance Corporation (DFC) has announced to invest $54 million in India to support the development of critical infrastructure projects in the country in the wake of the COVID-19 pandemic.
• The DFC will invest this $54 million in equity for the National Investment and Infrastructure Fund (NIIF) in India.
• NIIF will use this capital to support economic growth and address critical development challenges in the country.