Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-trace').style.display = (document.getElementById('cakeErr67ec24c80f348-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ec24c80f348-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-code').style.display = (document.getElementById('cakeErr67ec24c80f348-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-context').style.display = (document.getElementById('cakeErr67ec24c80f348-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ec24c80f348-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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<span class="code-highlight"><code><span style="color: #000000">&nbsp;&nbsp;&nbsp;&nbsp;&lt;link&nbsp;rel="canonical"&nbsp;href="<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">);&nbsp;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?&gt;&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">category</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">slug</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>/<span style="color: #0000BB">&lt;?php&nbsp;</span><span style="color: #007700">echo&nbsp;</span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-&gt;</span><span style="color: #0000BB">seo_url</span><span style="color: #007700">;&nbsp;</span><span style="color: #0000BB">?&gt;</span>.html"/&gt;
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		&#039;title&#039; =&gt; &#039;Govt looks to speed up mega projects by Sidhartha&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;
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Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;
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&lt;br /&gt;
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Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;
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&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;
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&lt;br /&gt;
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Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;
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&lt;br /&gt;
&lt;/div&gt;
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Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Posco Steel: Rs 60,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;
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&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Dighi Port: Rs 2,700 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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Gopalpur Port: Rs 2,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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Rapid rail corridors: NA&amp;nbsp;
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&lt;br /&gt;
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&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;





Top government officials told TOI that following...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. 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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;
&lt;/div&gt;
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&lt;br /&gt;
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Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Posco Steel: Rs 60,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Dighi Port: Rs 2,700 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gopalpur Port: Rs 2,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Rapid rail corridors: NA&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;





Top government officials told TOI that following...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Posco Steel: Rs 60,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Dighi Port: Rs 2,700 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gopalpur Port: Rs 2,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Rapid rail corridors: NA&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;





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                <strong>Govt looks to speed up mega projects by Sidhartha</strong></h1>
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                <div style="text-align: justify"><br /></div><div style="text-align: justify">Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade &amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the DIPP-related move we are moving in that direction,&quot; said a top government official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><strong>Project: Cost&nbsp;</strong></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Posco Steel: Rs 60,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Mumbai airport modernization: Rs 9,800 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Janjgir-Champa power project (3600 mw): Rs 16,190 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Varanasi-Aurangabad NH-2: Rs 3,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Dighi Port: Rs 2,700 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gopalpur Port: Rs 2,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rapid rail corridors: NA&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>(Some projects listed by CII &amp; Ficci during meetings with govt)&nbsp;</em></div><div style="text-align: justify"><br /></div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-trace').style.display = (document.getElementById('cakeErr67ec24c80f348-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ec24c80f348-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-code').style.display = (document.getElementById('cakeErr67ec24c80f348-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-context').style.display = (document.getElementById('cakeErr67ec24c80f348-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ec24c80f348-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;title&#039; =&gt; &#039;Govt looks to speed up mega projects by Sidhartha&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;
&lt;/div&gt;
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Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Posco Steel: Rs 60,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Dighi Port: Rs 2,700 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gopalpur Port: Rs 2,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Rapid rail corridors: NA&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;
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&lt;br /&gt;
&lt;/div&gt;&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;





Top government officials told TOI that following...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Posco Steel: Rs 60,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Dighi Port: Rs 2,700 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gopalpur Port: Rs 2,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Rapid rail corridors: NA&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
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&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Posco Steel: Rs 60,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Dighi Port: Rs 2,700 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gopalpur Port: Rs 2,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Rapid rail corridors: NA&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;





Top government officials told TOI that following...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Posco Steel: Rs 60,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Dighi Port: Rs 2,700 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gopalpur Port: Rs 2,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Rapid rail corridors: NA&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;





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                <strong>Govt looks to speed up mega projects by Sidhartha</strong></h1>
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                <div style="text-align: justify"><br /></div><div style="text-align: justify">Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade &amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the DIPP-related move we are moving in that direction,&quot; said a top government official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><strong>Project: Cost&nbsp;</strong></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Posco Steel: Rs 60,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Mumbai airport modernization: Rs 9,800 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Janjgir-Champa power project (3600 mw): Rs 16,190 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Varanasi-Aurangabad NH-2: Rs 3,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Dighi Port: Rs 2,700 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gopalpur Port: Rs 2,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rapid rail corridors: NA&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>(Some projects listed by CII &amp; Ficci during meetings with govt)&nbsp;</em></div><div style="text-align: justify"><br /></div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-trace').style.display = (document.getElementById('cakeErr67ec24c80f348-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ec24c80f348-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-code').style.display = (document.getElementById('cakeErr67ec24c80f348-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec24c80f348-context').style.display = (document.getElementById('cakeErr67ec24c80f348-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ec24c80f348-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;title&#039; =&gt; &#039;Govt looks to speed up mega projects by Sidhartha&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;
&lt;/div&gt;
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Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;
&lt;/div&gt;
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&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Posco Steel: Rs 60,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Dighi Port: Rs 2,700 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gopalpur Port: Rs 2,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Rapid rail corridors: NA&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;
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&lt;br /&gt;
&lt;/div&gt;&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;





Top government officials told TOI that following...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Posco Steel: Rs 60,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Dighi Port: Rs 2,700 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gopalpur Port: Rs 2,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Rapid rail corridors: NA&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Posco Steel: Rs 60,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Dighi Port: Rs 2,700 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Gopalpur Port: Rs 2,000 cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
Rapid rail corridors: NA&amp;nbsp;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;
&lt;/div&gt;
&lt;div style=&quot;text-align: justify&quot;&gt;
&lt;br /&gt;
&lt;/div&gt;&#039;,
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;





Top government officials told TOI that following...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Top government officials told TOI that following the meeting of the Prime Minister&#039;s Council on Trade &amp;amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Projects such as Posco have been held up for years for want of approval. After several years, the Korean company&#039;s proposed $12 billion steel plant received environmental clearance last year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp;amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&amp;quot;With the DIPP-related move we are moving in that direction,&amp;quot; said a top government official.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;strong&gt;Project: Cost&amp;nbsp;&lt;/strong&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Posco Steel: Rs 60,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Mumbai airport modernization: Rs 9,800 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Janjgir-Champa power project (3600 mw): Rs 16,190 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Varanasi-Aurangabad NH-2: Rs 3,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Dighi Port: Rs 2,700 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Gopalpur Port: Rs 2,000 cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Rapid rail corridors: NA&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;em&gt;(Some projects listed by CII &amp;amp; Ficci during meetings with govt)&amp;nbsp;&lt;/em&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&#039;
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;





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                <strong>Govt looks to speed up mega projects by Sidhartha</strong></h1>
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                <div style="text-align: justify"><br /></div><div style="text-align: justify">Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade &amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the DIPP-related move we are moving in that direction,&quot; said a top government official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><strong>Project: Cost&nbsp;</strong></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Posco Steel: Rs 60,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Mumbai airport modernization: Rs 9,800 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Janjgir-Champa power project (3600 mw): Rs 16,190 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Varanasi-Aurangabad NH-2: Rs 3,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Dighi Port: Rs 2,700 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gopalpur Port: Rs 2,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rapid rail corridors: NA&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>(Some projects listed by CII &amp; Ficci during meetings with govt)&nbsp;</em></div><div style="text-align: justify"><br /></div>               </font>
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;
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<div style="text-align: justify">
<br />
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Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade &amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&nbsp;
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<div style="text-align: justify">
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Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&nbsp;
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<br />
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Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;With the DIPP-related move we are moving in that direction,&quot; said a top government official.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<strong>Project: Cost&nbsp;</strong>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Posco Steel: Rs 60,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Mumbai airport modernization: Rs 9,800 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Varanasi-Aurangabad NH-2: Rs 3,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Dighi Port: Rs 2,700 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Gopalpur Port: Rs 2,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Rapid rail corridors: NA&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<em>(Some projects listed by CII &amp; Ficci during meetings with govt)&nbsp;</em>
</div>
<div style="text-align: justify">
<br />
</div>',
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;





Top government officials told TOI that following...',
	'disp' => '<div style="text-align: justify"><br /></div><div style="text-align: justify">Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade &amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the DIPP-related move we are moving in that direction,&quot; said a top government official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><strong>Project: Cost&nbsp;</strong></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Posco Steel: Rs 60,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Mumbai airport modernization: Rs 9,800 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Janjgir-Champa power project (3600 mw): Rs 16,190 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Varanasi-Aurangabad NH-2: Rs 3,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Dighi Port: Rs 2,700 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gopalpur Port: Rs 2,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rapid rail corridors: NA&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>(Some projects listed by CII &amp; Ficci during meetings with govt)&nbsp;</em></div><div style="text-align: justify"><br /></div>',
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	'id' => (int) 12560,
	'title' => 'Govt looks to speed up mega projects by Sidhartha',
	'subheading' => '',
	'description' => '<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade &amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
&quot;With the DIPP-related move we are moving in that direction,&quot; said a top government official.&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<strong>Project: Cost&nbsp;</strong>
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Posco Steel: Rs 60,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Mumbai airport modernization: Rs 9,800 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Janjgir-Champa power project (3600 mw): Rs 16,190 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Varanasi-Aurangabad NH-2: Rs 3,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Dighi Port: Rs 2,700 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Gopalpur Port: Rs 2,000 cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
Rapid rail corridors: NA&nbsp;
</div>
<div style="text-align: justify">
<br />
</div>
<div style="text-align: justify">
<em>(Some projects listed by CII &amp; Ficci during meetings with govt)&nbsp;</em>
</div>
<div style="text-align: justify">
<br />
</div>',
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Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;





Top government officials told TOI that following...'
$disp = '<div style="text-align: justify"><br /></div><div style="text-align: justify">Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade &amp; Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce &amp; industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the DIPP-related move we are moving in that direction,&quot; said a top government official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><strong>Project: Cost&nbsp;</strong></div><div style="text-align: justify"><br /></div><div style="text-align: justify">Posco Steel: Rs 60,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Mumbai airport modernization: Rs 9,800 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sasan ultra-mega power project (3960 mw): Rs 20,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Janjgir-Champa power project (3600 mw): Rs 16,190 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Varanasi-Aurangabad NH-2: Rs 3,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Dighi Port: Rs 2,700 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Gopalpur Port: Rs 2,000 cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Rapid rail corridors: NA&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>(Some projects listed by CII &amp; Ficci during meetings with govt)&nbsp;</em></div><div style="text-align: justify"><br /></div>'
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Govt looks to speed up mega projects by Sidhartha

Facing criticism over project delays, the government has decided to get cracking and set up a dedicated forum to remove bottlenecks such as coal linkages and environmental and defence clearances that hold up projects.  Top government officials told TOI that following the meeting of the Prime Minister's Council on Trade & Industry last month, the department of industrial policy and promotion has been asked to identify projects and remove bottlenecks in consultation with other departments and ministries.  Similarly, the department of public enterprises will deal with all such concerns pertaining to public sector projects, several of which are pending for years.  Projects such as Posco have been held up for years for want of approval. After several years, the Korean company's proposed $12 billion steel plant received environmental clearance last year.  Industry chambers Ficci and CII had also raised the issue during a meeting of the joint task force that is chaired by commerce & industry minister Anand Sharma. Both the lobby groups had said the government should take up 50-odd large projects that are held up and should ensure that these take off in a time-bound manner.  Ficci had said the Delhi-Mumbai Industrial Corridor, high speed train corridors, some power projects, manufacturing and investment zones and Posco be taken through this route.  Similarly, CII had submitted a list of 17 such projects. The Gopalpur port project and the second phase of the Karaikal port project were to be implemented last year. There are several projects, including Barh, Jangjir-Champa and Pipavav power projects, that are to be commissioned this year.  The move comes at a time when the government is trying hard to restore investor confidence and at the same time boost investment activity in the economy. Over the past 12-18 months, investments have slowed down in the wake of falling demand. In addition, decisions have been postponed as interest rates have increased by over 250 basis points (100 basis points equal one percentage point) besides concerns related to policy paralysis in the government.  There have been demands from banks during recent pre-budget consultations with finance minister Pranab Mukherjee that the government put in place a single-window mechanism for clearing large infrastructure projects. The platform could be modeled on the lines of the Foreign Investment Promotion Board or the Board for Trade used to approve special economic zones. Both the forums are inter-ministerial bodies meant to help investors.  Even investors such as Abu Dhabi Investment Authority managing director Sheikh Hamed bin Zayed Al Nahyan had suggested during his meeting with Sharma that a single-window mechanism will help.  "With the DIPP-related move we are moving in that direction," said a top government official.  Project: Cost  Posco Steel: Rs 60,000 cr  Mumbai airport modernization: Rs 9,800 cr  Sasan ultra-mega power project (3960 mw): Rs 20,000 cr  Janjgir-Champa power project (3600 mw): Rs 16,190 cr  Maharashtra-Goa border-Panaji Goa/KNT Border (NH-17): Rs 3,100 cr  Varanasi-Aurangabad NH-2: Rs 3,000 cr  Dighi Port: Rs 2,700 cr  Gopalpur Port: Rs 2,000 cr  Delhi-Mumbai Industrial Corridor: Rs 1 lakh cr  Rapid rail corridors: NA  (Some projects listed by CII & Ficci during meetings with govt)