Q. With reference to the “National Infrastructure Pipeline (NIP)”, which of the following statements is/are correct?
1. It is launched for the period of 10 years starting from 2020 to 2030.
2. It is jointly funded by the Central Government, State Government, and the private sector.
Select the correct answer using the codes given below: 
Answer: B
Notes:
GoI launched the National Infrastructure Pipeline (NIP) for the FY 2020-2025 to facilitated world class infrastructure projects to be implemented.
- This first of its kind initiative will boost the economy, generate better employment opportunities, and drive the competitiveness of the Indian economy.
- It is jointly funded by the Central Government, State Government, and the private sector.
- The NIP was launched with the projected infrastructure investment of 111 lakhcrore ($1.5 trillion) during the period 2020-2025.
- The sectors like energy, roads, urban infrastructure, railways have a major share in the NIP.
Source: Economic Survey 2020 – 2021
Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants
Subscribe to get the latest posts sent to your email.
