Finance Minister unveils Rs 102 lakh crore of infra projects

Finance Minister Nirmala Sitharaman has unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government’s spending push in the infrastructure sector. These projects are on top of Rs 51 lakh crore spent by the Centre and the states during the last six years, she said adding the new pipeline consists of 39 per cent projects each by the Centre and states and the balance by 22 per cent by private sector.

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This projects identified are in sectors such as power, railways, urban irrigation, mobility, education and health. These sectors will form the bulk of the infrastructure investment under National Infrastructure Pipeline. The finance Minister said that Rs 102 lakh crore National Infrastructure Projects will help make India a USD 5 trillion economy by 2025.