103.146.118.99 at 19:36, 26 November 2021

2021-11-26T19:36:03Z

← Older revision		Revision as of 01:06, 27 November 2021
Line 1:		Line 1:
			{{Short description\|Infrastructure project in India}}
	{{Infobox		{{Infobox
	\| name = National Infrastructure Pipeline (NIP)		\| name = National Infrastructure Pipeline (NIP)
Line 28:		Line 29:
	\|header3 =		\|header3 =
	\| label3 = Sanctioned		\| label3 = Sanctioned
	\| data3 = ~~₹102~~ lakh crore<br /> (US$1.4 trillion)		\| data3 = ₹1.97 lakh crore<br /> (US$1.4 trillion)
	\|header4 =		\|header4 =
	\| label4 = Total Capital Outlay<br /> (Dec 2020)		\| label4 = Total Capital Outlay<br /> (Dec 2020)
Line 34:		Line 35:
	\|header5 =		\|header5 =
	\| label5 = Projects<br /> (Dec 2020)		\| label5 = Projects<br /> (Dec 2020)
	\| data5 = ~~7320~~		\| data5 = 7400

	\|belowstyle = background:#ddf;		\|belowstyle = background:#ddf;

->Venkat TL: Undid revision 1049709915 by DiplomatTesterMan (talk) deleted

2021-10-29T06:37:33Z

Undid revision 1049709915 by DiplomatTesterMan (talk) deleted

New page

{{Infobox
| name = National Infrastructure Pipeline (NIP)
|bodystyle =

|titlestyle =
|abovestyle = background:#cfc;
|subheaderstyle =
|title =
|above = National Infrastructure Pipeline
|subheader =
|subheader2 =

|imagestyle =
|captionstyle =
| image =
|caption =

|headerstyle = background:#ccf;
|labelstyle = background:#ddf;
|datastyle =

|header1 =
| label1 =
| data1 =
|header2 =
| label2 = Duration
| data2 = 2020—2025
|header3 =
| label3 = Sanctioned
| data3 = ₹102 lakh crore<br /> (US$1.4 trillion)
|header4 =
| label4 = Total Capital Outlay<br /> (Dec 2020)
| data4 = USD 1,781.47 bn
|header5 =
| label5 = Projects<br /> (Dec 2020)
| data5 = 7320

|belowstyle = background:#ddf;
|below = Website: {{URL|https://indiainvestmentgrid.gov.in/}}
}}
The '''National Infrastructure Pipeline (NIP)''' is a group of social and economic infrastructure projects in India over a period of five years with an initial sanctioned amount of {{INRConvert|102|lc|lk=off|year=2020}}. The pipeline was first made public by the [[Prime Minister of India]] Narendra Modi during his 2019 [[Independence Day (India)|Independence Day]] speech.<ref>{{Cite web|url=https://pib.gov.in/PressReleseDetail.aspx?PRID=1598055|title=Press Information Bureau|last=Ministry of Finance|date=31 December 2019|website=pib.gov.in|access-date=2020-03-07}}</ref><ref name=":0">{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/national-infrastructure-pipeline-nip-things-to-know/articleshow/73046161.cms|title=What is NIP (National Infrastructure Pipeline): Things to know|date=31 December 2019|website=The Times of India|language=en|access-date=2020-03-07}}</ref>

Real time data and details related to NIP can be found online at the '''India Investment Grid''' website which was launched in August 2020.<ref name=":1">{{Cite web|date=10 August 2020|title=Finance Minister launches an Online Dashboard for the National Infrastructure Pipeline|url=http://pib.gov.in/Pressreleaseshare.aspx?PRID=1644812|access-date=2020-10-13|website=pib.gov.in}}</ref>

== Task force report ==
The task force headed by Atanu Chakraborty, the economic affairs secretary in the finance ministry, on National Infrastructure Pipeline, in May 2020, submitted its final report to the Finance Minister. Important recommendations and observations made:

* Investment needed: {{INRConvert|111|lc|lk=off|year=2020}} over the next five years (2020-2025) to build infrastructure projects and drive economic growth.
* Energy, roads, railways and urban projects are estimated to account for the bulk of projects (around 70%).
* The centre (39 percent) and state (40 percent) are expected to have an almost equal share in implementing the projects, while the private sector has 21 percent share. Aggressive push towards asset sales.
* Monetisation of infrastructure assets. Setting up of development finance institutions.
* Strengthening the municipal bond market.

The task force has recommended setting up of the following three committees: Committee to monitor NIP progress and eliminate delays. Steering Committee at each Infrastructure ministry level to follow up on the implementation process. Steering Committee in DEA for raising financial resources for the NIP.<ref>{{Cite web|url=https://theprint.in/economy/how-your-water-bill-could-be-key-to-modi-govts-infra-push-for-5-trillion-economy-goal/367426/|title=How your water bill could be key to Modi govt’s infra push for $5 trillion-economy goal|last=Gupta|first=Moushumi Das|date=2020-02-19|website=ThePrint|language=en-US|access-date=2020-03-07}}</ref><ref>{{Cite web|date=29 April 2020|title=Task Force on National Infrastructure Pipeline presents its Final Report to Finance Minister Smt. Nirmala Sitharaman|url=http://pib.gov.in/Pressreleaseshare.aspx?PRID=1619236|access-date=2020-10-13|website=pib.gov.in}}</ref>

== India Investment Grid ==
In August 2020, the [[Minister of Finance (India)|Union Minister for Finance and Corporate Affairs]] launched the India Investment Grid website which provides "information on large-scale government infrastructure projects as an aid to investors, lenders and companies bidding for work. The grid is designed to give real-time updates on the implementation of the National Infrastructure Pipeline (NIP)."<ref name=":1" /><ref>{{Cite web|last=Thomas|first=Tanya|date=2020-10-06|title=The worrying lull in India’s infra push|url=https://www.livemint.com/news/india/the-worrying-lull-in-india-s-infra-push-11601991608053.html|access-date=2020-10-13|website=mint|language=en}}</ref><ref>{{Cite web|last=Ohri|first=Nikunj|date=11 August 2020|title=India Lists 6,835 Projects Under Rs 111 Lakh Crore National Infrastructure Pipeline|url=https://www.bloombergquint.com/economy-finance/india-lists-6835-projects-under-rs-111-lakh-crore-national-infrastructure-pipeline|access-date=2020-10-13|website=BloombergQuint|language=en}}</ref>

== National Monetisation Pipeline ==
National Monetization Pipeline (NMP) is government of India's monetisation framework for government assets including roadways, railways and airports, power transmission lines, energy and renewable energy related assets, warehousing and sport-related assets.<ref>{{Cite web|last=Verma|first=Sunny|date=2021-09-09|title=National Monetisation Pipeline: unlocking value in brownfield projects via the private sector|url=https://indianexpress.com/article/explained/explained-what-is-the-governments-plan-with-the-national-monetisation-pipleline-7468258/|url-status=live|access-date=2021-09-18|website=The Indian Express|language=en}}</ref>

== Further reading ==

* [https://dea.gov.in/sites/default/files/Report%20of%20the%20Task%20Force%20National%20Infrastructure%20Pipeline%20%28NIP%29%20-%20volume-i_1.pdf National Infrastructure Pipeline (Vol 1)]. Report of the Task Force, Department of Economic Affairs, [[Ministry of Finance (India)|Ministry of Finance]], Government of India.
* [[KPMG]] (25 August 2020). [https://home.kpmg/in/en/home/insights/2020/08/catalysing-the-national-infrastructure-pipeline-project-india.html Catalysing the National Infrastructure Pipeline: Project India.]
* Rouhin Deb (22 September 2020). [https://www.orfonline.org/expert-speak/national-infrastructure-pipeline-the-great-indian-dream/ National Infrastructure Pipeline: The great Indian dream]. [[Observer Research Foundation]].

== References ==
{{reflist}}
{{Government Schemes in India}}
{{Energy Ministries and Departments of India}}

[[Category:Modi administration initiatives]]
[[Category:Proposed infrastructure in India]]

National Infrastructure Pipeline - Revision history

103.146.118.99 at 19:36, 26 November 2021

->Venkat TL: Undid revision 1049709915 by DiplomatTesterMan (talk) deleted