Owing to factors hurdles in land acquisition, environmental and other statutory clearances and financial closure, several projects in major and non-major ports are held up. According to a study conducted by Icra, there are about 30-40 greenfield non-major ports that have high promise and potential but low implementation. These proje
Tag: clearances
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Govt forms group to monitor stalled projects
Rajiv Takru, Secretary, Financial Services department of the union finance ministry informed that the government formed a special group headed by an officer in the Cabinet Secretariat to monitor each of the stalled projects. He exuded confidence that the economy will recover from the current slowdown in the next three-six months. Owing to reasons like administrative delays, lack of environment clearances, 215 projects are stalled at vario
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Govt to clear hurdles in project implementation
The government would clear bottlenecks hindering implementation of over 340 projects, including 125 new projects, Panning Commission Deputy Chairman Montek Singh Ahluwalia informed. These projects are struck mainly because of lack of regulatory clearances, shortage of fuel, land acquisition problem etc. These issues need to be addressed at political levels, he said
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Govt to clear hurdles in project implementation
The government would clear bottlenecks hindering implementation of over 340 projects, including 125 new projects, Panning Commission Deputy Chairman Montek Singh Ahluwalia informed. These projects are struck mainly because of lack of regulatory clearances, shortage of fuel, land acquisition problem etc. These issues need to be addressed at political levels, he said
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Rs 20k cr worth stranded road projects to get nod
As the Union Environment Ministry is set to give its clearances to a clutch of stranded highway projects in one go, work could soon begin with a combined investments of over Rs 20,000 crore. The MinistryÂ’s blanket approval is enabled by its decision to de-link the environment and forest clearances (EC and FC) for road projects, as per a recent Supreme Court directive.