National Infrastructure on Pipeline(NIP) Task force: The Central Government had constituted a task force to draw up a National Infrastructure Pipeline(NIP) from 2019-20 to 2024-25. The Task Force has been chaired by the Secretary, Department of Economic Affairs,Ministry of Finance. The task force has prepared a roadmap as it is estimated that India would need to spend $4.5 trillion on infrastructure by 2030 to sustain its growth rate. Hence,the endeavour of the NIP is to make this happen in an efficient manner. Key Highlights from the report: The task force unveiled the National Infrastructure Pipeline(NIP) with projects worth ₹102-lakh crore. The private companies will account for 22%-25% of the investments and the balance will come from the Centre and the states in equal proportions. The projects have been classified under two broad categories namely economic infrastructure and social infrastructure for both ease of doing business and ease of living. Under the projects,energy se...
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