Union Minister for Finance & Corporate Affairs Nirmala Sitharaman has reviewed the progress of National Infrastructure Pipeline (NIP) implementation. The agenda was to discuss the progress of NIP projects, expenditure incurred so far and the initiatives taken to expedite the project implementation. This was the second review meeting by the Finance Minister with various Ministries & Departments to monitor and accelerate NIP project implementation.
In a meeting, Finance Minister said that NIP is a part of the Government of India’s initiative to provide world class infrastructure to its citizens and enhance the ease of living. The Finance Minister asked the two ministries/departments to push the infra-expenditure by effectively implement all NIP projects in time and to ensure quick resolution of unresolved issues in coordination with State Governments and other Ministries.
Besides, Ministries/Departments were also asked to promote investible projects by holding discussions with prospective investors. Ministries were also asked to update the National Infrastructure Pipeline dashboard regularly to allow seamless online monitoring.