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Finance Minister Smt. Nirmala Sitharaman chairs review meeting of the National Infrastructure Pipeline

Newdelhi:6/1/21:Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in a meeting with Secretaries of the Department of Water Resources, River Development & Ganga Rejuvenation and Ministry of Health & Family Welfare here today reviewed the progress of National Infrastructure Pipeline (NIP) implementation. The agenda was to discuss the progress of NIP projects, expenditure incurred so far, and the initiatives were taken to expedite the project implementation. This was the second review meeting by the Finance Minister with various Ministries & Departments to monitor and accelerate NIP project implementation.

It was explained in the meeting that despite the pandemic, the NIP has managed to achieve substantial progress. The NIP was launched with 6,835 projects, which is now expanded to more than 7,300 projects. Many Ministries/departments have shown substantial progress in project implementation and expenditure, especially, in Q2 of FY21. In addition, majority of ministries/departments have targeted substantially high Infra-expenditure in FY21 than the actual expenditure of FY 20.

In the review meeting, in addition to infra spending along with annual targeted and achieved expenditure by these two ministries/departments, various initiatives taken by them to expedite were also discussed. 24 projects worth INR 80,915 crore under the Ministry of Health & Family Welfare and 10 large projects worth INR 2,79,604 crore under the Department of Water Resources, RD & GR were reviewed in detail along with bottlenecks, if any, being faced in the project implementation.

While reviewing the progress, Smt. Nirmala Sitharaman said that NIP is a part of the Government of India’s initiative to provide world-class infrastructure to its citizens and enhance the ease of living. The Finance Minister asked the two ministries/departments to push the infra-expenditure by effectively implement all NIP projects in time and to ensure quick resolution of unresolved issues in coordination with State Governments and other Ministries. Ministries/Departments were also asked to promote investible projects by holding discussions with prospective investors. Ministries were also asked to update the National Infrastructure Pipeline dashboard regularly to allow seamless online monitoring.

 

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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