National Infrastructure Pipeline (NIP) Current Affairs, GK & News

Road construction worth Rs.15 lakh crore targeted in next two years

The Minister of Road Transport and Highways Shri Nitin Gadkari recently announced that the Government of India has set a target of road construction of worth Rs 15 lakh crores in next two years. What are the plans? In order to achieve the above target, the Government of India aims to construct forty kilometres of ..

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Scheme of Financial Assistance to States for Capex

The Ministry of Finance recently announced that it is to provide Rs 15,000 crores to the states for their Capital Expenditure for 2021-22. This is being provided as interest free fifty-year loan to spend on capital projects. Fresh guidelines have been announced in this regard called the “Scheme of Financial Assistance to States for Capital ..

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Cabinet clears DFI with capital infusion of Rs 20000 crore

The Finance Minister, Nirmala Sitharaman, announced on March 16, 2021 that the Union Cabinet chaired by Prime Minister, Narendra Modi, has cleared the proposal of setting up of the “Development Finance Institution (DFI) with the capital infusion of rupees 20,000 crore. This proposal was approved in a bid to boost the infrastructure development in country. ..

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