What is National Infrastructure Pipeline

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 National Infrastructure Pipeline (NIP), is to make this happen in an efficient manner.

What are key benefits of National Infrastructure Pipeline (NIP)

Economy: Well-planned NIP will enable more infra projects, grow businesses, create jobs, improve ease of living, and provide equitable access to infrastructure for all, making growth more inclusive. Government: Well-developed infrastructure enhances level of economic activity, creates additional fiscal space by improving revenue base of the government, and ensures quality of expenditure focused in productive areas. Developers: Provides better view of project supply, provides time to be better prepared for project bidding, reduces aggressive bids/ failure in project delivery, ensures enhanced access to sources of finance as result of increased investor confidence. Banks/financial institutions (F1s)/investors: Builds investor confidence as identified projects are likely to be better prepared, exposures less likely to suffer stress given active project monitoring, thereby less likelihood of NPAs.

NIP road to $5 trillion economy?

Finance minister Nirmala Sitharaman said that the Rs 102 lakh crore National Infrastructure Projects will help make India a $5 trillion economy by 2025. These projects are on top of Rs 51 lakh crore spent by the Centre and the states during the last six years, Sitharaman said adding the new pipeline consists of 39 per cent projects each by the Centre and states and the balance by 22 per cent by private sector.

What PM Modi said in his Independence Day 2019 speech

In his Independence Day speech, Prime Minister Narendra Modi highlighted that Rs 100 lakh crore would be invested on infrastructure over the next five years. Subsequently, a task force identified Rs 102 lakh crore worth of projects after conducting 70 stakeholder consultations in a short period of four months, finance minister Nirmala Sitharaman said. She further stated that another Rs 3 lakh crore of projects are likely to be added to this pipeline.

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National Infrastructure Pipeline (NIP): Things to know

This story is from December 31, 2019

National Infrastructure Pipeline (NIP): Things to know

TIMESOFINDIA.COM / Dec 31, 2019, 16:20 IST

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Union finance minister Nirmala Sitharaman unveiled Rs 102 lakh crore of infrastructure projects, under National Infrastructure Pipeline, that will be implemented in the next five years as part of the government's spending push in the infrastructure sector.

National Infrastructure Pipeline (NIP): Things to know

Union finance minister Nirmala Sitharaman (File photo)

NEW DELHI: Union finance minister Nirmala Sitharaman unveiled Rs 102 lakh crore of infrastructure projects, under National Infrastructure Pipeline, that will be implemented in the next five years as part of the government's spending push in the infrastructure sector.

What is National Infrastructure Pipeline
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 National Infrastructure Pipeline (NIP), is to make this happen in an efficient manner.
What are key benefits of National Infrastructure Pipeline (NIP)
Economy: Well-planned NIP will enable more infra projects, grow businesses, create jobs, improve ease of living, and provide equitable access to infrastructure for all, making growth more inclusive. Government: Well-developed infrastructure enhances level of economic activity, creates additional fiscal space by improving revenue base of the government, and ensures quality of expenditure focused in productive areas. Developers: Provides better view of project supply, provides time to be better prepared for project bidding, reduces aggressive bids/ failure in project delivery, ensures enhanced access to sources of finance as result of increased investor confidence. Banks/financial institutions (F1s)/investors: Builds investor confidence as identified projects are likely to be better prepared, exposures less likely to suffer stress given active project monitoring, thereby less likelihood of NPAs.
NIP road to $5 trillion economy?
Finance minister Nirmala Sitharaman said that the Rs 102 lakh crore National Infrastructure Projects will help make India a $5 trillion economy by 2025. These projects are on top of Rs 51 lakh crore spent by the Centre and the states during the last six years, Sitharaman said adding the new pipeline consists of 39 per cent projects each by the Centre and states and the balance by 22 per cent by private sector.
What PM Modi said in his Independence Day 2019 speech
In his Independence Day speech, Prime Minister Narendra Modi highlighted that Rs 100 lakh crore would be invested on infrastructure over the next five years. Subsequently, a task force identified Rs 102 lakh crore worth of projects after conducting 70 stakeholder consultations in a short period of four months, finance minister Nirmala Sitharaman said. She further stated that another Rs 3 lakh crore of projects are likely to be added to this pipeline.

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