Recasting India's infra ambitions as NIP, NMP near end of their tenure

The National Infrastructure Pipeline and the National Monetisation Pipeline have both reached the end of their tenure and need revitalisation

In many ways, the National Infrastructure Pipeline (NIP) mimics the five-year planning process of the erstwhile Planning Commission, in that it provides a five-year sector-wise investment plan for the country.

 

The NIP was announced by Prime Minister Narendra Modi during his Independence Day speech in August 2019. To develop the NIP, a high-level task force was constituted under the chairmanship of the secretary, Department of Economic Affairs (DEA). The task force’s final report for the financial years 2021-25 was released by Finance Minister Nirmala Sitharaman on April 29, 2020, with a projected infrastructure investment of ₹111 trillion for the five-year