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Friday, December 14, 2012

UPA Cabinet Clears Investment Panel - Thursday Dec 13,2012

The UPA Cabinet today Thursday Dec 13,2012 decided to set up a Cabinet Committee under the Prime Minister to fast track approvals for mega projects of over Rs 1,000 crore

The major decision of the day was setting up of a Cabinet Committee on Investment (CCI) which will accord single-window approval including environmental clearance to mega projects of over Rs 1,000 crore.

There are over 100 projects, each involving investment of Rs 1,000 crore or more, which are held up because of some reason or the other.

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