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Context: Monitoring of all infrastructure projects under the Rs 111-trillion National Infrastructure Pipeline (NIP) will be allowed on a digital platform to ensure access to updated project information for investments across various sectors, as per Finance Ministry. The projects will be mapped and evaluated by the departments concerned and the finance ministry to monitor the implementation and actual progress, compared to the initial estimates of the NIP for each project. The move assumes significance as increased focus on infrastructure projects will help revive the economy following the covid-19 crisis.
Current Scenario
Background
About National Infrastructure Pipeline (NIP)
India Investment Grid (IIG):
IIG allows investors to:
Various bottlenecks to infrastructure creation in India
Key benefits of NIP
Measures Suggested by Atanu Chakraborty headed task force
Streamlining Process: The task force has also recommended to set up of three committees:
Road Ahead
Report error
Access to prime resources
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