CURRENT AFFAIRS

Detailed explanation-1: -Developed and managed by Invest India, the National Investment Promotion and Facilitation Agency, IIG serves as the gateway to investments in India, and is also widely used by Indian missions and embassies across the world. IIG allows investors to: Search a pan-India database for investment opportunities across sectors.

Detailed explanation-2: -To draw up the NIP, a High-Level Task Force was constituted under the chairmanship of the Secretary, Department of Economic Affairs (DEA), Ministry of Finance. The Final Report on National Infrastructure Pipeline for FY 20-25 of the Task Force was released by the Union Minister for Finance & Corporate Affairs, Smt.

Detailed explanation-3: -The task force headed by Atanu Chakraborty, the economic affairs secretary in the finance ministry, on National Infrastructure Pipeline, in May 2020, submitted its final report to the Finance Minister.

Detailed explanation-4: -Gati Shakti is different from the already announced National Infrastructure Pipeline and national monetisation pipeline. Gati Shakti master plan is more about bringing the coordination for the planning of all infrastructure connectivity projects that have been announced under the national infrastructure pipeline.

Detailed explanation-5: -In the fiscal year 2022, the government expanded initiatives such as the National Infrastructure Pipeline, National Monetisation Pipeline, Bharatmala Pariyojana, changes in the Hybrid Annuity Model (HAM) and fast allotment of asset monetisation to boost the road construction activities in the country.