National Infrastructure Pipeline

The National Infrastructure Pipeline (NIP) is a group of social and economic infrastructure projects in India over a period of five years with a sanctioned amount of 102 lakh crore (US$1.4 trillion). The pipeline was first made public by the Prime Minister of India during his 2019 Independence Day speech.[1][2] The Finance Minister announced that the NIP consists of 78% projects by the centre and states, and the remaining by the private sector.[2] The NIP is a pillar of government of India's aim to become a $5 trillion economy by 2025.[3]

NIP will soon be available on the "India Investment Grid (IIG)" for users to view the pipeline of infrastructure projects.[4]

References

  1. Ministry of Finance (31 December 2019). "Press Information Bureau". pib.gov.in. Retrieved 2020-03-07.
  2. "What is NIP (National Infrastructure Pipeline): Things to know". The Times of India. 31 December 2019. Retrieved 2020-03-07.
  3. Gupta, Moushumi Das (2020-02-19). "How your water bill could be key to Modi govt's infra push for $5 trillion-economy goal". ThePrint. Retrieved 2020-03-07.
  4. https://pib.gov.in/PressReleasePage.aspx?PRID=1619236
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