Economics • Indian EconomyEasy
What is the primary purpose of the 'National Infrastructure Pipeline (NIP)' introduced by the Government of India?
A. To provide world-class social and economic infrastructure projects across the country to attract investments✓ Correct Answer
B. To construct oil pipelines linking central Asia to Indian ports
C. To channel foreign portfolio investments exclusively into government bonds
D. To supply piped drinking water to every urban household
💡 Solution & Explanation
The National Infrastructure Pipeline was formulated by the Government of India as an ambitious initiative to provide world-class social and economic infrastructure projects across the country to attract investments and spur growth. It does not focus on cross-border oil transit pipelines or foreign bond portfolios.
More Economics Indian Economy questions
- Which industrial sector forms the backbone of manufacturing exports and small-scale enterprise clusters in…
- What does the 'PM-KUSUM' scheme primarily seek to promote in India?
- Analyze the features of the 'PM-DevINE' (Prime Minister's Development Initiative for North-East Region)…
- What does the 'National Monetisation Pipeline (NMP)' seek to accomplish?
- Analyze the structural nature of the 'Goods and Services Tax' implemented in India. Which of the following…