Page-4 of Infrastructure Development Current Affairs, GK & News

Report of Task Force on National Infrastructure Pipeline released

On December 31, 2019, Finance Minister Nirmala Sitharaman released a report of task force on National Infrastructure on Pipeline (NIP) 2019-2025. The task force was set up in order to draw up National Infrastructure Pipeline from fiscal year 2019-20 to 2024-25. Highlights of the report The report says that between 2020 and 2025 GoI has ..

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Finance Minister announces 102 lakh crore rupees project

On December 31, 2019, Finance Minister Nirmala Sitaraman announced 102 lakh crore worth projects to be implemented in next 5 years. During the announcement, she also released the report of Task Force on National Infrastructure Pipeline for 2019-2025. Highlights The infrastructure projects are to be introduced in railways, power, urban, irrigation, health and education. These ..

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India-Japan meet to review Comprehensive Economic Partnership Agreement

On December 10, 2019, a Japanese delegation led by Japanese Minister Mr Hiroshi Kajiyama visited Minister of North Eastern Region Development. The ministers discussed different areas of cooperation that included nuclear power, technology and infrastructure. The Countries also renewed their Comprehensive Economic Partnership Agreement. Highlights The Joint Working Group meeting of India and Japan was ..

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World Bank’s 300 million USD plan to Develop Kolkata

The World Bank has submitted a master plan to develop logistics infrastructure of Kolkata metropolitan area. The bank is to invest 300 million USD in the project. The Government entities participating in the deal includes CII and the West Bengal Industrial Development Corporation. The focus of the project is to be on construction of rail, ..

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AIIB to invest 100 million USD in solar and wind projects in India

The Asian Infrastructure Investment Bank (AIIB) which is headquartered at Beijing expects an investment of 100 million USD in India in a year. The foreign investment is to enter India through the bank in Wind and solar projects. AIIB approves 500 million USD for MUTP 3 On November 16, 2019, the bank approved a loan ..

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