India launches National Infrastructure Pipeline Report

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Ministry of Finance in India has launched the National Infrastructure pipeline report consisting of plans for infrastructure projects worth INR 102 billion (US$ 1.41 billion). These projects will help double the GDP of India and make it a 5 trillion economy by 2025.

The National Infrastructure Projects (NIP) will be implemented in the next 5 years. This kind of pipeline for projects is launched in India for the first time. The projects included in the pipeline are in the sectors of energy, railway, water, transportation, education, and health. As per NIP, INR 25 billion (US$ 0.34 billion) will be allocated to energy projects, INR 20 billion (US$ 0.27 billion) for the road projects, INR 14 billion (US$ 0.19 billion) for the railway projects, INR 2.5 billion (US$ 0.034 billion) for the ports and airports projects, INR 3.2 billion (US$ 0.04 billion) for the digital infra projects and INR 16 billion (US$ 0.22 billion) for the irrigation, rural, agriculture and food processing projects.

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