The objective of NIP is to provide equitable access to infrastructure for public, thereby making growth more inclusive. What is the full form of NIP?

Correct option is D

The correct answer is (d) National Infrastructure Pipeline.
· The National Infrastructure Pipeline (NIP) is an initiative launched by the Government of India aimed at boosting infrastructure investment across the country.
· It was announced in December 2019 with the goal of providing a clear and comprehensive framework to enhance the quality and accessibility of infrastructure.
· The NIP outlines a detailed plan for investment in various sectors, including roads, railways, airports, urban infrastructure, and energy, with an aim to bridge the infrastructure gap in India.
· By focusing on infrastructure development, the NIP aims to create jobs, promote economic growth, and improve the quality of life for citizens by ensuring equitable access to essential services and facilities.
Additional Information:
· The NIP is expected to mobilize investments worth around INR 111 lakh crore (approximately USD 1.5 trillion) over a five-year period, with projects being implemented across both public and private sectors.
· It includes projects from various sectors such as housing, transport, renewable energy, and water supply, thereby targeting inclusive growth by addressing the infrastructure needs of both urban and rural areas.