National Infrastructure Pipeline
On 31st December, 2019, the government unveiled Rs 102 lakh crore of infrastructure projects, under National Infrastructure Pipeline (NIP), that will be implemented in the next five years as part of the government’s spending push in the infrastructure sector.
- To achieve this objective, a Task Force was constituted in September, 2019, to draw up the National Infrastructure Pipeline (NIP) for each of the years from FY 2020 to 2025.
Need
- It is estimated that India would need to spend $4.5 trillion on infrastructure by 2030 to sustain its growth rate. The endeavour of the NIP is to make achieve ....
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