Panel projects Rs 111 Lakh Cr infra investments for year 2020-25

The task force in its final report has suggested setting up for three committees for monitoring, implementation and funding of infrastructure projects. To boost fund flow, the NIP task force, chaired by economic affairs secretary Atanu Chakraborty...

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New Delhi: A high-level panel has firmed up investment plans for infrastructure projects worth Rs 111 lakh crore in five years and suggested reforms such as accelerating monetisation of infrastructure and land assets, and setting up of a dedicated development financial institution for the sector.

The task force on National Infra Pipeline (NIP) on Wednesday submitted its final report to finance minister Nirmala Sitharaman, projecting total infrastructure investment of Rs 111 lakh crore during 2019-20 to FY25, a finance ministry statement said.

To boost fund flow, the NIP task force, chaired by economic affairs secretary Atanu Chakraborty, also suggested deepening the corporate bond market including municipal bonds.


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Its three-volume report highlighted policy deficits and challenges in India’s infrastructure sector and recommended reforms to scale up investment in the sector. It also tracked the progress made since its interim report in December and captured national and global trends in the infrastructure space.

As per the task force’s proposal, the Centre would invest 39% of the projected expenditure for NIP projects while states’ share would be 40%, with the rest 21% coming from the private sector.
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From the total estimated capital expenditure, projects worth Rs 44 lakh crore are under implementation while projects amounting to Rs 33 lakh crore are in the planning stage. Sectors like energy, roads, railways and urban infrastructure account for 71% of total planned investment.

Each line ministry and state government would add new projects and update their project details at regular intervals so that updated data is available to prospective investors, the panel said.

The panel also suggested creating three committees – one to monitor NIP progress and eliminate delays, another at the ministry level to monitor implementation, and a third in the finance ministry for raising financial resources for NIP projects.

It also highlighted the need for a higher level committee that could monitor the reforms and deal with the issue of stalled projects. Prime Minister Narendra Modi had announced a target to invest Rs 100 lakh crore in India’s social and economic infrastructure sector over five years.
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