The unveiling by Finance Minister Nirmala Sitharaman on Tuesday of a mega push to infrastructure investment adding up to ₹102 lakh crore over the next five years belongs in this category. Projects in energy, roads, railways and urban infrastructure under the National Infrastructure Pipeline (NIP) have been identified by a task force. The NIP task force appears to have gone project-by-project, assessing each for viability and relevance in consultation with the States. There are a few hurdles that the NIP task force needs to watch out for. Second, the ₹22 lakh crore expected from private investment also looks steep considering the lack of appetite for fresh investment by the private sector in the last few years.

Source: The Hindu January 01, 2020 18:33 UTC