FM unveils Rs 102 lakh cr infra projects

Updated At : 12:33 PM Jan 01, 2020 IST

Of the new projects, Rs42.7 lakh crore (43%) projects are under implementation
Rs32.7 lakh crore (about 33%) worth of projects are at conceptualisation stage
Rs19.1 lakh cr (about 19%) worth of projects are under development
The projects are spread across 22 ministries and 18 states and UTs
The govt intends to launch National Infrastructure Pipeline, a coordination mechanism consisting of the Centre, states and pvt sector
Projects worth Rs13.6 lakh crore would be implemented during the current fiscal, followed by Rs19.5 lakh crore in 2020-21 and Rs19 lakh crore in 2021-22
During 2022-23, projects worth Rs13.8 lakh crore would be taken up followed by Rs12.8 lakh crore in 2023-24 and Rs11.1 lakh crore in 2024-25
The Finance Minister said the projects identified are in the sectors of power, railways, urban development, digital sector, irrigation, mobility, education, health among others
Nearly Rs25 lakh crore of energy projects lined up; another Rs20 lakh crore in road and nearly Rs14 lakh crore spending in rail projects lined up too
The first edition of Annual Global Investors’ Meet will be held in the second half of 2020 to meet investors at a single platform