Government rolls out Rs 102-trillion blueprint for infrastructure development

The centre has unveiled Rs 102 trillion worth of infrastructure projects that will be implemented in the next five years as part of the government’s spending push in the infrastructure sector. The government has announced a National Infrastructure Pipeline (NIP) which includes projects in sectors such as power, railways, urban irrigation, mobility, education and health. The funding of the NIP will be jointly made by the Centre, states and the private sector in the proportion of 39:39:22. Another Rs 3 trillion worth of projects are likely to be added to this pipeline. The government aims to ensure timely implementation of these projects – spread across 18 states and union territories – over the next five years. From 2019-20 to 2024-25, sectors such as energy (24 per cent), roads (19 per cent), urban development (16 per cent) and railways (13 per cent) will take up around 70 per cent of the projected capex. Of the total expected capex of Rs 102 trillion, projects worth Rs 42.7 trillion (42 per cent) are under implementation, while those worth Rs 32.7 trillion (32 per cent) are in the conceptualisation stage, and the rest are under development.

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