cabinet committee on investment
The government has managed to re-start about 27 % of the delayed projects in spite of all odds. About 577 projects with an investment of Rs. 25,35,288 crore is reported within the Project Monitoring Group, PMG. This is regarding the settlement of certain issues that are withheld due to several ministries and departmental heads. From [...] Continue Reading »
Starting July 1, 2014 getting environmental and forest clearances for large infrastructure projects could just be a click away with the government announcing launch of a portal, for such clearances. In recent years delay in green clearances has been one of the major concerns for industry. “On the website one will have to upload all [...] Continue Reading »
After one year of its formation, the Cabinet Committee on Investment (CCI) is said to have unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. 253 more projects, however, with an investment of Rs 12.82 lakh crore, are still stuck for various clearances. Power, coal, steel, petroleum & natural gas, and road transport & highways sectors form [...] Continue Reading »
The Uttar Pradesh government on Thursday decided to set up a self-financed project monitoring group (PMG) to facilitate clearances for infrastructure projects. The initiative is inspired by the Centre’s successful experience in kickstarting stalled investment projects. Four crucial projects held up for the last few years due to lack of clearances has been cleared by [...] Continue Reading »
