Business Standard
Tuesday, Feb 14, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Cabinet forms team to monitor infra projects
BS Reporter / New Delhi Jul 12, 2009, 00:37 IST

Manmohan SinghIn an attempt to get core sector projects off the ground, the government has constituted a 13-member Cabinet Committee on Infrastructure, which will be headed by Prime Minister Manmohan Singh.

The committee will deliberate all infrastructure proposals of over Rs 150 crore, specifically those in the energy, railway, road, ports, airport, telecommunication, information technology, irrigation, housing and urban development sectors. Special emphasis will be paid on rural housing and urban slum clearance.

It will take up fiscal, financial, institutional and legal measures required to enhance investment in the sector, look for ways to facilitate private investment in infrastructure, lay down annual performance targets for the various sectors and review the progress.

Besides Prime Minister Singh, Pranab Mukherjee, Sharad Pawar, Mamata Banerjee, Sushil Kumar Shinde, Farooq Abdullah, Jaipal Reddy, Kamal Nath, A Raja, C P Joshi, Kumari Selja, G K Vasan, Pawan Kumar Bansal are the members of the committee.

The government had constituted a committee on infrastructure headed by Prime Minister Singh on August 31, 2004, to oversee all large infrastructure projects. That committee had as its members Planning Commission Deputy Chairman Montek Singh Ahluwalia, Prime Minister’ Economic Advisory Council Chairman C Rangarajan and three members of the Planning Commission. The new committee will have Ahluwalia along with Minister of State (PMO) Prithviraj Chavan and Civil Aviation Minister Praful Patel as special invitees.

Sector experts said this was a welcome move, though more needed to be done. “The committee might help in resolving financing issues and clearing glitches in implementation. Nuclear projects should have been included in its domain,” said Gammon India Additional Vice-president Umesh Gupta.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets trading higher amid volatility
- Lanco Infra Q3 net plunges 67% to Rs 183 cr
- RBI may cut rates in March if inflation nos stay soft: experts
- Khurshid writes to EC, says he bows to its wisdom
- Cong pledges to make Nagpur as S'pore, BJP ridicules idea
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Office 365 for professionals and small businesses.
- Are You Serious About Your Future? Click here to know more
- Financial Learning now made easier and more convenient.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
Posted by: madhu
the fact that there are thirteen members in the committee, is one indication which way infrastructure development is headed. I mean thirteen members !!!!
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Vanita Kohli-Khandekar: The halo around the internet
- Shiv Sena, MNS to charm young voters this V-Day
- SBI: Change in strategy paying
- Hackers bring down Microsoft India website
- A K Bhattacharya: Regulating the regulators
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
Ambassador car |  Uttarakhand |  TCS |  Sarfaesi Act |  Vodafone |  DZire |  Aakash tablet |  Sodexo |  NHAI |  Companies Bill 2011 |  Playbook |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  FDI in retail |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  TCS |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us