Cabinet Committee on Investment meet today; might review hurdles in road sector

These issues include delays in land acquisition, environment and forest clearance among others

Press Trust Of India
Last Updated : Sep 17 2013 | 1:48 AM IST
The Cabinet Committee on Investment (CCI), headed by Prime Minister Manmohan Singh, might review the hurdles faced by the highways sector on Tuesday. CCI is likely to take stock of the issues impacting the growth of infrastructure projects in the country, in its meeting on Tuesday evening, sources said. The ministry of road transport and highways is likely to submit a presentation to CCI regarding the issues that have affected and continue to affect the progress of highway construction in the country and the ministry's attempt at alleviating the impact.

These issues include delays in land acquisition, environment and forest clearance among others. The CCI, in January this year, had asked the road ministry to prepare a list of hurdles in the sector and find solutions, with the respective ministries, to mitigate the problems.

According to sources, the road ministry has received status reports from the ministries concerned regarding the projects and it is likely to present it to the CCI, in the meeting.

The road ministry has fixed a target of giving 9,000 km of projects in 2013-14. According to the plans, more than 50 per cent of the projects would be taken up on engineering procurement construction (EPC) model. In 2011-12, the ministry was able to award 1,933 km of projects, as against the target of 9,500 km. However, this year, the ministry is hopeful of completing 4,500 km of road length.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 17 2013 | 12:43 AM IST

Next Story