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What is National Infrastructure Pipeline? Elucidate upon the key benefits of National Infrastructure Pipeline (NIP)

Topic:  Infrastructure: Energy, Ports, Roads, Airports, And Railways etc.

6. What is National Infrastructure Pipeline? Elucidate upon the key benefits of National Infrastructure Pipeline (NIP) (250 words)

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Why this question:

The question aims to discuss the National Infrastructure Pipeline and its benefits.

Key demand of the question:

Discuss in detail the objectives, significance and contributions of such a project to the economy of the country.

Directive:

Elucidate – Give a detailed account as to how and why it occurred, or what is the particular context. You must be defining key terms where ever appropriate, and substantiate with relevant associated facts.

Structure of the answer:

Introduction:

It is estimated that India would need to spend $4.5 trillion on infrastructure by 2030 to sustain its growth rate. The endeavor of the National Infrastructure Pipeline (NIP), is to make this happen in an efficient manner.

Body:

Discuss that NIP will enable a forward outlook on infrastructure projects which will create jobs, improve ease of living, and provide equitable access to infrastructure for all, thereby making growth more inclusive.

NIP includes economic and social infrastructure projects.

Explain in what way such infrastructure projects would ensure ease of living: safe drinking water, access to clean and affordable energy, healthcare for all, modern railway stations, airports, bus terminals and world-class educational institutes etc.

Conclusion:

Conclude that Infrastructure investment has a special role to play as it aids to revive economic activities.