National Infrastructure Pipeline: Infra projects worth Rs 44 lakh crore under implementation; details here

Recently, Union Minister Nitin Gadkari said that there are huge investment opportunities for India especially in its vibrant infrastructure sector where projects worth Rs 44 lakh crore are under implementation as part of the National Infrastructure Pipeline (NIP) of Rs 111 lakh crore. The minister was quoted in a PTI report saying that NIP envisages an investment of Rs 111 lakh crore on infrastructure projects by the year 2024-25. At present, projects worth Rs 44 lakh crore out of the Rs 111 lakh crore, accounting for 40% are under implementation and worth Rs 22 lakh crore projects that account for NIP’s 20% are under development stages. Gadkari further said, framework of NIP includes 39% investment by the central government, 40% investment by states and 21% by the private sector.