National Infrastructure Pipeline

The government launched Rs 102 lakh crore of infrastructure projects, under National Infrastructure Pipeline (NIP) on 31^st December, 2019 that will be implemented in the next five years as part of the government’s spending push in the infrastructure sector.

• Objective: It is estimated that India would need to spend $4.5 trillion on infrastructure by 2030 to sustain its growth rate. The objective of the NIP is to achieve this goal in an efficient manner.

Key Features

• The NIP would include green field and brown field projects costing above Rs 100 crore each.
• Each Ministry/ Department would be responsible for monitoring of projects ....