Parliament Question: National Infrastructure Pipeline

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 2024-25), 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. *****************