The objective of NIP is to provide equitable access to infrastructure for public, thereby making growth more inclusive. What is the full form of NIP?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. National Infrastructure Pipeline.
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NIP (National Infrastructure Pipeline) is a major initiative launched by the Government of India in 2019 to boost infrastructure development across the country.
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It aims to provide quality and accessible infrastructure to all citizens, ensuring that growth is inclusive and sustainable.
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The NIP targets infrastructure investments from 2020 to 2025, covering sectors like transport, energy, water, housing, education, and healthcare.
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The funding is a collaborative effort involving the central government, state governments, and the private sector.
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By enabling better infrastructure, NIP is expected to generate employment, improve ease of living, and enhance the overall productivity of the economy.
Thus, NIP stands for National Infrastructure Pipeline.