National Infra Pipeline: FM evaluations progress of initiatives price `3.6L cr

Finance minister Nirmala Sitharaman on Wednesday held a gathering to assessment the progress of 34 initiatives within the well being and water sources sectors involving investments of Rs 3.6 lakh crore below the National Infrastructure Pipeline (NIP).
While 24 of those initiatives price Rs 80,915 crore are below the supervision of the well being ministry, the division of water sources, rural improvement & Ganga rejuvenation oversees 10 giant initiatives price Rs 2,79,604 crore, the Finance Ministry mentioned.
Secretaries of water sources and well being attended the assembly, which focussed on the implementation of the initiatives and bottlenecks, if any.
“The agenda was to discuss the progress of NIP projects, expenditure incurred so far and the initiatives taken to expedite the project implementation,” the ministry mentioned in a press release. This was the second assessment assembly by Sitharaman with varied ministries and departments to observe and speed up the NIP venture implementation.
With the economic system battered by the pandemic, a authorities activity power had in April firmed up a highway map for capital investments of Rs 111 lakh crore in infrastructure below the NIP over six years via FY25, pledging 71 per cent of the expenditure for vitality, roads, city improvement and railways, and envisaging a key position for personal traders. Sitharaman has requested the 2 ministries/departments to push infrastructure expenditure by successfully implementing NIP initiatives in time.
Many ministries and departments have proven substantial progress in venture implementation and expenditure, particularly within the second quarter, based on the assertion.