Modi to review performance of infra sector this week

Prime Minister Narendra Modi will hold a meeting on Wednesday to review the performance of key infrastructure sectors, including coal and power.

"Prime Minister will hold meeting on September 10 to review the progress in achieving the target for key infrastructure sectors like coal and power," said a source.

The infrastructure sector is a key focus area for the Modi-led government. The Centre is keen to speed up infrastructure development and investment to boost economic growth which remained at sub-5% level during the previous two fiscals.

The Prime Minister held meeting with the secretaries of nine infrastructure ministries in July to set targets for 2014-15 and identifying key projects in sectors like road, power and railways.

Planning Commission Secretary Sindhushree Khullar had made a presentation on the performance of the various infrastructure sectors like airport, ports and inland waterways, railways, roads, telecom, power, coal and renewable energy in the last fiscal and the possible targets for the year 2014-15, an official had earlier said.

During the meeting, it was decided that in addition to the quantitative targets, Planning Commission should also measure efficiency parameters, the official said, adding that "there should be a 10% increase in these each year".

Moreover, it was also decided during the meeting that there should a joint mechanism at government level under the Cabinet Secretary for meeting regularly to resolve issues of various ministries and states, the official had said.

"In these meetings, all issues related to a state in various sectors could be taken up comprehensively," the official had said.