The final report of the task force on the NIP for 2019-2025 presented to Finance Minister Nirmala Sitharaman in April suggested steps like deepening bond markets, setting up of development financial institutions and land monetisation to meet the funding needs.
"Out of the total expected capital expenditure of Rs 111 lakh crore, projects worth Rs 44 lakh crore (40 per cent of NIP) are under implementation, projects worth Rs 33 lakh crore (30 per cent) are at conceptual stage and projects worth Rs 22 lakh crore (20 per cent) are under development Information regarding project stage is unavailable for projects worth Rs 11 lakh crore (10 per cent)," it had said.
The Centre (39 per cent) and states (40 per cent) are expected to have an almost equal share in implementing the NIP in India, followed by the private sector (21 per cent), according to the report.
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