National Infrastructure Pipeline Current Affairs - 2020
The Government of India recently agreed to convert the Delhi-Amristar-Katra Expressway into a green field project. The highway will connect five historic towns in the state of Punjab. They include Goindwal Sahib, Sultanpur Lodhi, Khadoor Sahib and Tarn Taran.
What is the issue?
On the complaints of the locals over the project failing to connect religious towns, the Chief Minister of Punjab raised issue with the centre. The original proposal was to widen the existing roads as brown field projects.
Brown Field Projects
Brown field projects are those projects that are modified or upgraded.
Green Field Projects
The Green Field projects are those projects where a new production or service is being facilitated.
India is currently working towards becoming a 5 trillion USD economy. In order to achieve this, the GoI has launched a series of infrastructure projects under the National Infrastructure Pipeline. The NIP is to include both brown field and green field projects at an estimated cost of Rs 1 billion each.
Tags: 5 Trillion Dollar Economy • Amritsar • brown field project • Expressway • green field project
The Task Force on National Infrastructure Pipeline recently submitted its report to the Finance Minister Smt Nirmala Sitaraman. Under the report, the task force has recommended to set up National Land Management Corporation.
The National Land Management Corporation will help to monetize state-owned surplus lands in a systematic way. The Task Force recommends to set up the corporation under Companies Act. The Corporation will also manage the lands that are owned by the Government of India.
Role of the corporation
The following were recommended by the task force
- To hire a technical team to operate under the corporation. The team will be market-linked.
- A Chief Executive Officer shall be appointed to lead the corporation
- The Corporation will raise capital from the equity market
- The corporation will work with several government departments including Defence Ministry and Railways.
- The Corporation is to develop model concession agreements.
The Government of India is to bring about 100 lakh crore investment in the infrastructure sector in the next five years. Therefore, it is important to bring about new monitoring agencies as that of the National Land Management Corporation to make sure there is enough availability of land to make the investment fruitful.