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National Infrastructure Pipeline

  • 01 Jan 2020
  • 2 min read

Why in News

Recently, the Government has released a report of the task force on National Infrastructure Pipeline for 2019-2025.

  • Earlier, the Prime Minister in his Independence Day speech 2019 had highlighted that ₹100 lakh crore would be invested on infrastructure over the next 5 years.
    • The emphasis would be on ease of living: safe drinking water, access to clean and affordable energy, healthcare for all, modern railway stations, airports, bus terminals and world-class educational institutes.
  • Task Force was constituted to draw up the National Infrastructure Pipeline (NIP) for each of the years from financial years 2019-20 to 2024-25.

National Infrastructure Pipeline

  • NIP will enable a forward outlook on infrastructure projects which will create jobs, improve ease of living, and provide equitable access to infrastructure for all, thereby making growth more inclusive.
    • NIP includes economic and social infrastructure projects.
  • During the fiscals 2020 to 2025, sectors such as Energy (24%), Roads (19%), Urban (16%), and Railways (13%) amount to around 70% of the projected capital expenditure in infrastructure in India.
    • It has outlined plans to invest more than ₹102 lakh crore on infrastructure projects by 2024-25, with the Centre, States and the private sector to share the capital expenditure in a 39:39:22 formula.

Source: TH

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