The Cabinet Committee on Investment (CCI), according to latest reports, has unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. But experts don't see this reviving the fortunes of the Indian economy owing to the long gestation period of these projects.
Tag: Cabinet Committee on Investment
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Bankers are not mere lenders, they should be accepted as partners
Corporates should treat banks as partners, and that will help in solving many problems. MV Tanksale, Chief Executive, Indian Banks' Association, tells Rahul Kamat that with new banks coming in, there will be intense competition
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CCI nod sought
Approval of Cabinet Committee on Investment (CCI) is being sought by the Ministry of Coal to expedite development of allocated mining blocks where no cases or FIRs have been filed by the CBI. Since May 2012, the CBI has registered three preliminary enquiries regarding alleged irregularities in coal block allocation and has filed 14 FIRs. Forty seven coal blocks have been deallocated out of 218 coal blocks allocated to public and private firms, holding estimated geological reserves of about 50 bi
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There is no alternative to PPP
There are few people in the seats of power who're more convinced about PPP than Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India. In a freewheeling interview and a mood for candour,
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Govt reviews Rs 1.6 lakh cr infra projects
Reviewing the progress of infrastructure projects worth Rs 1.6 lakk crore, the Cabinet Committee on Investment (CCI) on September 17 discussed about the ways to overcome hindrances that are delaying them. The projects reviewed were across key infrastructure sectors such as roads, power and petroleum, among others.
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Govt clears Rs 1 lakh cr infra projects
The Union government on August 26 cleared Rs 1 lakh crore infrastructure projects which include projects under shipping and ports sector. The Prime Minister Manmohan Singh headed Cabinet Committee on Investment (CCI) has also asked the departments concerned to remove the bottlenecks for the projects within a month.
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Industry wants CCI to meet more frequently
Industry players and analysts feel that the Cabinet Committee on Investment (CCI)must increase the frequency of its meeting in order to resolve issues in pending infrastructure project. The panel has met only five times in the last six months of its existence and its diktats have pertained largely to public sector investments, though a few proc
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Regulatory measures do cause delay in commissioning of projects
Domestic iron ore scenario has recently improved and at present, iron ore is available. This is reflected in the softening of prices in the last few days, says CS Verma, Chairman, Steel Authority of India
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Turnaround is around the corner
The governmentÂ’s sincere attempts to expedite the project clearance of the stalled projects and participation by the private entrepreneurs in PPP projects in infrastructure would lead to enhancement of steel consumption in 2013-14.
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PM's address at the CII National Conference and Annual General Meeting
I am delighted to be here today to inaugurate the CII annual meeting for 2013. I have always believed that both government and business have to be partners in writing the story of development of this ancient land of ours, and CII has been a greatly valued partner over the past many years.
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