NBM&CW - March 2013

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Budget 2013-14: Bats for quicker project
delivery mechanism
Getting the country rid of the much maligned policy paralysis resulting in an unprecedented logjam in infrastructure projects, the Finance Minister, P Chidambaram, in his Budget proposals for the 2013-14 fiscal has initiated multiple steps to speed up the project delivery mechanism. In this connection, he has proposed unwavering powers to the Cabinet Committee on Infrastructure (CCI) to ensure speedy land acquisition, environmental clearance, project approvals, and delivery system. While targeting a growth rate of 6.1 to 6.7 per cent