Nirmala Sitharaman Holds Meeting with UAE Counterpart, Seeks Investment for NIP

Indian Finance Minister, Nirmala Sitharaman held a virtual meeting with the Finance Minister of UAE, Obaid Al Tayer seeking contribution for India's Rs 111 lakh crore National Infrastructure Pipeline (NIP). Over 7,000 projects are recognized under NIP for the next five years (2020-25). The Finance Ministry's tweet stated that the collaboration leads to many mutual benefits in the field of infrastructure development.