National Infrastructure Pipeline

To achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (100 lakh crore) over these years on infrastructure. To implement an infrastructure program of this scale, the government has envisaged the National Infrastructure Pipeline (NIP).
In April 2020, the Task Force on National Infrastructure Pipeline chaired by economic affairs secretary Atanu Chakraborty submitted its Final Report on NIP for FY 2019-25.

The final report projects a total infrastructure investment worth Rs 111 lakh crore during the financial period 2020-25.
Sectors such as energy (24%), roads (18%), urban (17%) and railways (12%) amount to around 71% of the projected infrastructure investments.
The Central Government (39 per cent) and State Governments (40 per cent) are expected to have almost equal share in funding of the projects followed by the Private Sector (21 per cent).
The Task Force has recommended that three Committees be setup:
- a Committee to monitor NIP progress and eliminate delays;
- a Steering Committee in each Infrastructure ministry level for following up implementation; and
- a Steering Committee in the Department of Economic Affairs for raising financial resources for the NIP.

Finance and Corporate Affairs Minister Nirmala Sitharaman reviewed the progress of the National Infrastructure Pipeline as the government seeks to accelerate infrastructure spending in the economy.
The NIP has been expanded from 6,385 projects at the time of its introduction a year ago, to more than 7,300 projects, and is making progress despite the pandemic.

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