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Centre announces Rs 102 lakh crore national infrastructure plan for the next 5 years

By Lokmat English Desk | Updated: December 31, 2019 16:33 IST

Finance minister Nirmala Sitharaman on Tuesday announced Rs 102 crore infastructure project that will be implemented in the next ...

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Finance minister Nirmala Sitharaman on Tuesday announced Rs 102 crore infastructure project that will be implemented in the next five years. Addressing a press conference, she said  Prime Minister Narendra Modi in his independence day speech spoke about investing Rs 100 lakh crore in infrastructure. The minister also stated that another Rs 3 lakh crore of projects are likely to be added to this pipeline. The projects identified are in sectors of power, railway, urban irrigation, mobility, education, and health. 

Nearly 25 lakh crore energy projects have been lined up adding another 20 lakh crore in road and nearly 14 lakh crore in railway projects. She further stated that projects in power, including renewable sector, railways, urban development, irrigation, mobility, education, health, water, and digital. These sectors are expected to form the majority of the infrastructure investment under National Infrastructure Pipeline. Nirmala Sitharaman said Rs 102 lakh crore National Infrastructure Projects will help make India a $5 trillion economy by 2025. 

Tags: Nirmala SitaramanNational Infrastructure ProjectsNarendra Modiindia
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