{"id":358455,"date":"2020-06-20T12:34:26","date_gmt":"2020-06-20T07:04:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358455"},"modified":"2020-06-20T12:34:26","modified_gmt":"2020-06-20T07:04:26","slug":"covid-19-pandemic-to-slow-down-nip-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-pandemic-to-slow-down-nip-projects\/","title":{"rendered":"COVID-19 pandemic to slow down NIP projects"},"content":{"rendered":"<p>NEW DELHI: Owing to the Covid-19 pandemic, the Centre\u2019s plan of a massive increase  its investment with the target of Rs 111 lakh crore  under the National Infrastructure Pipeline (NIP) between FY20 and FY25 is likely to see severe near-term headwinds.<\/p>\n<p>Rating agency ICRA on Friday estimated that against the total infrastructure investment of Rs 36 lakh crore envisaged in the first two years of NIP (FY20-FY21), the actual investment is likely to range between Rs 24-27 lakh crore. <\/p>\n<p>\u201cIn the current environment, the infrastructure investment in FY2021 would fall short of the plan, and consequently to achieve the NIP target a significant step-up of investments will be required in the later part of the plan,\u201d Shubham Jain, Senior Vice-President and Group-Head, Corporate Ratings, ICRA said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Owing to the Covid-19 pandemic, the Centre\u2019s plan of a massive increase its investment with the target of Rs 111 lakh crore under the National Infrastructure Pipeline (NIP) between FY20 and FY25 is likely to see severe near-term headwinds. Rating agency ICRA on Friday estimated that against the total infrastructure investment of Rs 36 lakh crore envisaged in the first two years of NIP (FY20-FY21), the actual investment is likely to range between Rs 24-27 lakh crore. \u201cIn the current environment, the infrastructure investment in FY2021 would fall short of the plan, and consequently to achieve the NIP [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,209,143],"tags":[],"class_list":["post-358455","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358455"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358455\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}