CURRENT AFFAIRS

Detailed explanation-1: -The government has launched the National Infrastructure Pipeline (NIP) combined with other initiatives such as ‘Make in India’ and the production-linked incentives (PLI) scheme to augment the growth of the infrastructure sector.

Detailed explanation-2: -2022. The Department of Economic Affairs (DEA), Ministry of Finance, Government of India, notifies Scheme for Financial Support for Project Development Expenses of PPP Projects – India Infrastructure Project Development Fund Scheme (IIPDF Scheme) on 03.11. 2022.

Detailed explanation-3: -Infrastructure development in the new/ existing industrial estates/areas in which the maximum eligible project cost is Rs 10.00 cr, with GoI contribution amounting to 60% of project cost (80% for special category States and for clusters with more than 50% women/micro/SC/ST units). Who can apply?

Detailed explanation-4: -The Pradhan Mantri Gati Shakti National Master Plan is a central government project, aimed at revolutionising infrastructure in India. Prime minister Narendra Modi announced the launch of the Gati Shakti Yojana, a ₹100 trillion project for developing ‘holistic infrastructure’ in India on the 75th independence day.