Inter-ministerial task force to finalise projects pipeline for Rs 100 lakh crore investments

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Capital Market
Last Updated : Aug 26 2019 | 10:31 AM IST

Aim to boost growth and creation of jobs

The finance minister has announced many steps to boost economy including measures for fast tracking of infrastructure development.

With the focus on Rs 100 lakh crore expenditure for developing modern infrastructure over 5 years, the finance minister has announced that an inter-ministerial task force is being formed by Department of Economic Affairs to finalise the pipeline of infrastructure projects.

The above initiative is expected to boost growth and creation of jobs. These projects would be monitored actively to accelerate capital expenditure and investments in the economy.

The cases delayed payments from Government/ CPSEs will be monitored by Department of Expenditure and performance reviewed by Cabinet Secretariat

The contractual disputes by Government/ CPSEs will be implemented and monitored by Cabinet Secretariat.

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First Published: Aug 26 2019 | 10:14 AM IST

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