The Project Monitoring Group (PMG) set up by Prime Minister Manmohan Singh has cleared Rs 5.1 lakh crore worth of infrastructure projects in less than a year, prompting over a dozen states keen on setting up similar monitoring cell in their respective states.
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Future investments depend on how we treat existing projects
Can this be the twist in UPA II's tail and the welcome unknotting of India's wound-up growth story? Just over a month after the Prime Minister's Office constituted a monitoring committee in early June this year to troubleshoot stalled infrastructure projects,
Coal India’s cost to rise owing to diesel price hike
Minister of State of Coal Pratik Prakash Bapu Patil informed Rajya Sabha that the rise in petrol and diesel prices will impact the cost of coal production in the country. The rise in diesel price would increase the cost of production of Coal India (CIL), which accounts for over 80 per cent of the domestic coal mining, by Rs 600 crore per annu