Rs 103 lakh cr infra projects launched under NIP; National Logistic Policy Very Soon: FM

To augment India's infrastructure and create jobs, the government has launched Rs 103 lakh crore infra projects and will release a logistic policy soon, besides accelerating highways construction, Finance Minister Nirmala Sitharaman said.

Presenting the Union Budget in Parliament, Sitharaman said Rs 1.7 lakh crore has been provided for transport infrastructure in 2020-21.

The minister said Rs 103 lakh crore projects, under the National Infrastructure Pipeline (NIP), was launched in line with Prime Minister Narendra Modi's announcement of Rs 100 lakh crore infrastructure investment in five years.