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National Infra Pipeline online dashboard showcasing real-time investment opportunities launched


India

National Infra Pipeline online dashboard showcasing real-time investment opportunities launched

NEW DELHI: Finance Minister Nirmala Sitharaman on Monday inaugurated the National Infrastructure Pipeline (NIP) online dashboard to be hosted on the india Investment Grid (IIG), which is an interactive and dynamic online platform that showcases updated and real-time investment opportunities in the country. The platform is envisaged as a one stop solution for all stakeholders…

National Infra Pipeline online dashboard showcasing real-time investment opportunities launched

NEW DELHI: Finance Minister Nirmala Sitharaman on Monday inaugurated the National Infrastructure Pipeline (NIP) on-line dashboard to be hosted on the India Funding Grid (IIG), which is an interactive and dynamic on-line platform that showcases updated and valid-time funding alternatives in the nation. The platform is envisaged as a one quit solution for all stakeholders procuring for facts on infrastructure projects in Unique india.

“NIP will provide a enhance to the vision of an Aatma Nirbhar Bharat. The provision of NIP projects on IIG shall be particular clear-reduce accessibility to updated venture facts and entice merchants for PPP projects,” Sitharaman changed into quoted as announcing in an announcement. “It’s miles a substantial step in the route of implementing NIP- giving a fillip to infrastructure pattern in the nation,” she added.

Within the funds speech of 2019-2020, Sitharaman announced an outlay of Rs 100 lakh crore for infrastructure projects over the next 5 years. A high stage job force submitted a closing file on the NIP with projected infrastructure funding of Rs 111 lakh crore right thru FY2020-25.

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NIP, which covers both financial and social infrastructure projects, will reinforce venture preparation, entice investments (both domestic & international) into infrastructure, and would possibly perchance possibly perchance additionally goal be wanted for achieving the target of adjusting into a $5 trillion financial system by FY 2025, the observation said.

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