With reference to the Union Budget 2021-22, consider the following statements:1. With 6835 projects, the National Infrastructure Pipeline, launchedin 2015, has now expanded to 7,400 projects.2. The Union Budget provided a sum of Rs. 20,000 crore to capitalize on the Development Financial Institution (DFI).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?

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With reference to the Union Budget 2021-22, consider the following statements:

1. With 6835 projects, the National Infrastructure Pipeline, launched

in 2015, has now expanded to 7,400 projects.

2. The Union Budget provided a sum of Rs. 20,000 crore to capitalize on the Development Financial Institution (DFI).

Which of the statements given above is/are correct?

a)
1 only
b)
2 only
c)
Both 1 and 2
d)
Neither 1 nor 2

Correct answer is option 'B'. Can you explain this answer?

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With reference to the Union Budget 2021-22, consider the following st...

To achieve the target of National Infrastructure Pipeline (NIP) in the coming years the Government proposes the following three steps :

Creation of institutional structures
A big thrust on monetizing assets
Enhancing the share of capital expenditure in Central and State budgets

NIP launched in December 2019 with 6835 projects has now expanded to 7,400 projects and around 217 projects worth Rs. 1.10 lakh crore under some key infrastructure Ministries has been completed.
A sum of Rs. 20,000 crore has been provisioned in the Union Budget to capitalize Development Financial Institution (DFI). A Bill will be introduced to set up DFI which will act as a provider, enabler and catalyst for infrastructure financing.
to enable Debt Financing of InVITs and REITs by Foreign Portfolio Investors suitable amendments will be done in the relevant legislations.
The Union Finance Minister announced the launch of a “National Monetization Pipeline” of potential brownfield infrastructure assets stating that Monetizing operating public infrastructure assets is an important financing option for new infrastructure construction.
The Minister informed that an Asset Monetization dashboard will also be created to track the progress and provide visibility to investors.

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With reference to the Union Budget 2021-22, consider the following statements:1. With 6835 projects, the National Infrastructure Pipeline, launchedin 2015, has now expanded to 7,400 projects.2. The Union Budget provided a sum of Rs. 20,000 crore to capitalize on the Development Financial Institution (DFI).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?

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With reference to the Union Budget 2021-22, consider the following statements:1. With 6835 projects, the National Infrastructure Pipeline, launchedin 2015, has now expanded to 7,400 projects.2. The Union Budget provided a sum of Rs. 20,000 crore to capitalize on the Development Financial Institution (DFI).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Union Budget 2021-22, consider the following statements:1. With 6835 projects, the National Infrastructure Pipeline, launchedin 2015, has now expanded to 7,400 projects.2. The Union Budget provided a sum of Rs. 20,000 crore to capitalize on the Development Financial Institution (DFI).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Union Budget 2021-22, consider the following statements:1. With 6835 projects, the National Infrastructure Pipeline, launchedin 2015, has now expanded to 7,400 projects.2. The Union Budget provided a sum of Rs. 20,000 crore to capitalize on the Development Financial Institution (DFI).Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.

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