Lok Sabha Question No. 4845 (UNSTARRED), answered on 2026-03-23
Subject: National Infrastructure Pipeline
Ministry: FINANCE
Asked by: Shri B Y Raghavendra

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 4845

Answered on Monday, March 23, 2026 / Chaitra 2, 1948 (Saka)

## National Infrastructure Pipeline

## 4845. Shri B Y Raghavendra:

Will the Minister of FINANCE be pleased to state:

(a) the progress achieved by the Government in advancing infrastructure development through the identification of projects under the National Infrastructure Pipeline and mobilisation of investment through the National Monetisation Pipeline since their inception;

(b) the details of investments mobilised, projects undertaken and the extent of private sector participation facilitated under these initiatives, sector-wise;

(c)  the  manner  in  which  the  increased  Capital  Expenditure  of  the  Union  Government  has complemented  these  initiatives  in  accelerating  infrastructure  development  and  economic growth; and

(d) the institutional and financial innovations introduced by the Government to further deepen infrastructure financing and attract long-term investment into infrastructure sectors?

## ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

(a) & (b): The National Infrastructure Pipeline (NIP) was launched as a whole-of-government initiative to identify infrastructure projects and financing requirements. NIP was a dynamic pipeline in which projects and their details were added, amended, and deleted as needed by central  ministries/state  governments.  Since  2019-20,  Central  ministries/departments  have initiated 14,674 NIP projects across various sectors. Of these, the Roads sector accounts for 8,131 projects, while sectors such as Urban Development (1,531 projects) and Railways (846 projects) also constitute a significant share, with the remaining projects spread across other infrastructure sectors.

The National Monetisation Pipeline 1.0 (NMP 1.0) included assets with monetisation potential of ₹ 6 lakh crore during the four -year period (2021- 22 to 202425), against which around ₹ 5.3 lakh crore was achieved.

The achievements of the key sectors under NMP 1.0 are presented in table below:

| Sector                    |   Amount Monetised (₹ lakh crore, approx.) |
|---------------------------|--------------------------------------------|
| Roads                     |                                        1.1 |
| Railways                  |                                        0.3 |
| Power                     |                                        0.5 |
| Petroleum and Natural Gas |                                        0.4 |
| Coal                      |                                        2   |
| Shipping                  |                                        0.2 |
| Mines                     |                                        0.4 |
| Urban                     |                                        0.1 |

The  details  of  the  project  specific  aspects  under  these  initiatives  such  as  scope,  private investment etc., are maintained by the respective project sponsoring authorities.

(c)  &  (d):  Over  the  years,  the  government  has  significantly  increased  investment  in  the infrastructure sector, which is expected to crowd in private investment. This enhanced public investment  complements  the  above-mentioned  initiatives  by  creating  an  ecosystem  for infrastructure development. Several measures have been introduced to attract private sector participation  including  supporting  Public-Private  Partnerships  (PPPs)  with  Viability  Gap Funding (VGF), reforms for innovative financing tools like Infrastructure Investment Trusts (InvITs), Real Estate Investment Trusts (REITs), and Infrastructure Debt Funds (IDFs), and using asset recycling models to promote private investments. To ensure long-term financing for the infrastructure sector, institutions like the National Investment and Infrastructure Fund (NIIF) and National Bank for Financing Infrastructure and Development (NaBFID) have also been established.

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