National Infrastructure Pipeline
Tumarkuru Industrial Township: South India’s First Industrial Corridor Project
In 2021, PM Modi launched the Gati Shakti Scheme. The main objective of the scheme is to implement an infrastructure pipeline in the country. Under this, the GoI planned on developing 11 industrial corridors and two defence corridors. Accordingly, PM ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
What is NHAI InvIT?
Union Minister of Transport and Highways announced recently that National Highways Infra Trust (NHAI InvIT) bonds will provide a return of 8.05 per cent each year. Key facts The National Highways Infra Trust (NHAI InvIT) is an infrastructure investment trust ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs
Finance Ministry invites entries for new DFI’s Name, Logo
On 28th July, 2021 finance ministry invited entries from the citizens of the country for tagline, name and logo for the new Development Financial Institution (DFI). The finance minister, in the budget of 2021-22, announced about the setting up of ..
Month: Current Affairs - July, 2021
National Infrastructure Pipeline: Financing Bank to be set up
The government is considering to introduce a new bill “National Bank for Financing Infrastructure and Development Bill, 2021” in the ongoing budget session of the parliament. This bill will be passed with the objective of setting up a new development ..
Month: Current Affairs - January, 2021
Union Cabinet: Capital Infusion of Rs 6,000 crores into NIIF approved
On November 25, 2020, the Union Cabinet approved Rs 6,000 crores of capital infusion into the National Infrastructure Investment Fund. This is a part of the Atma Nirbhar Bharat Abhiyan. The move will leverage to create financial pipeline of Rs ..
Month: Current Affairs - November, 2020
National Infrastructure Pipeline Online Dashboard launched
The Union Finance Minister has launched the dashboard of the National Infrastructure Pipeline in order to manage and integrate all the details regarding the projects at one place. The online portal is now showcasing 6800 live projects being implemented in ..
Month: Current Affairs - August, 2020
Green Field Expressway Project
The Government of India recently agreed to convert the Delhi-Amristar-Katra Expressway into a green field project. The highway will connect five historic towns in the state of Punjab. They include Goindwal Sahib, Sultanpur Lodhi, Khadoor Sahib and Tarn Taran. What ..
Month: Current Affairs - June, 2020
National Land Management Corporation recommended by National Infrastructure Pipeline Task Force
The Task Force on National Infrastructure Pipeline recently submitted its report to the Finance Minister Smt Nirmala Sitaraman. Under the report, the task force has recommended to set up National Land Management Corporation. Highlights The National Land Management Corporation will ..
Month: Current Affairs - May, 2020