NIP as part of infra spending push

#GS3 #ECONOMY

  • Finance and Corporate Affairs Minister reviewed the progress of the National Infrastructure Pipeline (NIP) as the government seeks to accelerate infrastructure spending in the economy.
National-Infrastructure-Pipeline.png (800×472)
  • The NIP has been expanded from 6,385 projects at the time of its introduction a year ago, to more than 7,300 projects, and is making progress despite the pandemic.
  • The NIP is a part of the Government of India’s initiative to provide world-class infrastructure to its citizens and enhance the ease of living, urging Ministries to promote investible projects by holding discussions with prospective investors. 
  • The Minister reviewed progress of the NIP, with a specific focus on 34 water and health-related infrastructure projects worth ₹3.6 lakh crore.
Print Friendly and PDF
blog comments powered by Disqus