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FM Sitharaman unveils Rs 102-trillion infrastructure plan to boost growth

Task force headed by economic affairs secy identifies projects across sectors

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Finance Minister Nirmala Sitharaman with Economic Affairs Secretary Atanu Chakraborty at the launch of projects. Photo: Dalip Kumar

Arup Roychoudhury New Delhi
Finance Minister Nirmala Sitharaman on Tuesday launched a National Infrastructure Pipeline (NIP), unveiling projects worth Rs 102 trillion, to boost economic growth and help the economy reach the $5-trillion target by 2024-25. 

The NIP has identified projects across 23 sectors and 18 states and Union Territories, which will be funded over the next five years by the central and state governments as well as the private sector.

Addressing a press conference while launching the NIP report, Sitharaman said that of the proposed projects, 39 per cent each would be implemented by the Centre and states, and the rest 22 per cent by