India’s infrastructure investment goal for the next five years just got bigger with the final report of the Task Force on National Infrastructure Pipeline (NIP) projecting investments to the tune of ₹111 lakh-crore during financial year 2020-25.
This is higher than the ₹102 lakh-crore envisaged when the summary report was released in end December last year. The revised projection comes in the wake of additional data submitted by the Central Ministries and State Governments.
In the final report, which was submitted to Finance Minister Nirmala Sitharaman here on Wednesday, the task force has suggested ways and means of financing the NIP through deepening corporate bond markets, including those of municipal bonds, setting up development financial institutions for infrastructure sector, accelerating monetisation of infrastructure assets, land monetisation, etc.
