Govt committed to infra projects: PM
"The Prime Minister told us that he is committed towards infrastructure projects…," Banerjee said. He said that the industry is keen that all the projects, particularly in the infrastructure sector should be given expeditious approval by different ministries and other agencies. Several projects in the iron ore, coal, power, highways and steel are held up for want of regulatory clearances amdist differences between various ministries as also divergence of views between the Centre and the states.
At a meeting with chief ministers of southern states on December 18, Finance Minister Pranab Mukherjee had expressed concern that projects worth Rs 40,000 crore were held up only in southern region. The industry feels that the best way to deal with the slowdown is to boost investment in the infrastruture projects.