Around 216 infrastructure tasks value Rs 74,067 crore beneath the National Infrastructure Pipeline (NIP) have been accomplished until December on this fiscal, the Finance Ministry stated Friday.
Finance Minister Nirmala Sitharaman chaired a gathering with Niti Aayog and 12 infrastructure ministries to debate post-Budget motion factors for infrastructure roadmap, throughout which it was highlighted that the NIP — launched with 6,835 tasks —has been expanded to 7,600. Projects recognized beneath the NIP require funding of Rs 111 lakh crore throughout 2020-25.
The NIP has witnessed accelerated spending on infrastructure tasks, particularly within the September and December quarters this fiscal and has helped in focusing on a considerable enhance in infrastructure expenditure in lots of ministries in comparison with the final monetary yr, the Ministry stated. “Around 216 projects worth Rs 74,067 crore under GoI infrastructure ministries have been completed till Q3 (December quarter) FY21,” it stated.