-The Hindu New investment committee can hasten,not compel clearance After the Environment Ministry’s vociferous objections to a National Investment Board (NIB) which could assume some of its authority, the Union Cabinet on Thursday approved a renamed and watered down version of the original proposal, creating a new Cabinet Committee on Investment (CCI) to expedite decisions on infrastructure and manufacturing projects over Rs. 1,000 crore. The new CCI will be chaired by Prime Minister...
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Show 'em the money -Josy Joseph
-The Times of India Crest Cash transfers have been described as the world's favourite new anti-poverty device. As India gets set to implement it, TOI-Crest finds out if the politics will ever be divorced from the cash The UPA government's ambitious plan to introduce direct cash transfers (DCT) by January 1, 2013 reflects both the political desperation of a beleaguered government and the urgent need to reform India's inefficient and corrupt public...
More »Now, Cabinet panel to fast-track mega projects
-PTI Chidambaram’s proposal to fast track projects approved after renaming Seeking to remove investment bottlenecks and promote growth, the government on Thursday decided to set up a Cabinet Committee on Investment (CCI) to accord single-window approval to mega projects of over Rs 1,000 crore. CCI will be headed by the Prime Minister. “The proposal to set up the Cabinet Committee on Investment, headed by Prime Minister, to fast track mega projects of over...
More »Government to organise camps in schools, colleges & panchayats to enroll beneficiaries under direct cash transfer scheme-Dheeraj Tiwari
-The Economic Times The government will set up camps in educational institutions and villages to speed up enrollment of beneficiaries under direct cash transfer scheme, a finance ministry official said. Direct cash transfer, a method the government hopes will plug leakages and cut delays in transfer of subsidies to the poor, is to be rolled out in 51 districts in 15 states from January 1. Enrollment camps will be set up in schools...
More »Investment Panel Under PM Formed to Clear Mega Projects
-Outlook The Union Cabinet today cleared the proposal to set up Cabinet Committee on Investment under the Chairmanship of Prime Minister Manmohan Singh to accord expeditious approval to projects of over Rs 1,000 crore. "The proposal to set up the Committee to fast-track mega projects of over Rs 1,000 crore was cleared", sources said. The high-powered body for giving speedy clearance to infrastructure projects was initially mooted by Finance Minister P Chidamabram. He...
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