Menu
BW CFO World
Community for Finance Professionals, Consultants and allied businesses
  • Home
  • News
  • Videos
  • Articles
    • Credit & Capital
    • Economic Trends
    • Financial Compliance
    • Financial Leadership
    • Financial Management
    • Financial Reporting
    • Financial Strategy
    • Risk Management
    • Taxation
  • Featured
  • Nominate for Awards
Close Menu
modi
September 6, 2021

PM Modi Seeks Details On Govt’s Big Infra Push

admin Financial Leadership

By BW CFO World Online Bureau

PM Narendra Modi has asked to provide all details of the projects involved in the big infra push made by the government.

PM Modi has asked government departments to prepare a list of infrastructure projects that have been delayed due to decisions of courts. He also asked for departments to account for losses that they incurred to the exchequer by such time overruns. He made this directive at the last Pragati meeting. The prime minister reviewed eight projects in the meeting.

The minutes of the meeting say, “Environment and Forest, railways and road transport and highway ministries in consultation with law and justice ministry should identify decision of courts, NGT etc., related to land acquisition, forest or other clearances which are causing delay in infrastructure project. The cabinet secretary should monitor such exercise. A list of delayed projects due to such court decisions including loss incurred to the exchequer may also be prepared.

A report quotes sources as saying that although the government has prioritized timely completion of projects, the fact that they have set ambitious targets to monetize the same, has brought this to the forefront. For example, the projection to monetize 26,700 kilometers of complete NHs by 2025 to generate Rs 1.6 lakh crore is based on the stretches that are scheduled for completion over the next three years. An informal group of ministers has been tasked to monitor the progress of implementation of the decisions taken at Pragati meetings.

→

80 Per Cent Home-Buyers Want To Purchase Nearly Complete Flats: Survey Financial Stability And Development Council, Discusses Stressed Asset Issue

Related Posts

economy

Economic Trends, Financial Leadership

Apparel Industry Must Focus On Vertical Integration: Upendra Prasad

Business men giving a handshake. Business concept

Economic Trends, Financial Leadership

Leading with Empathy into the Hybrid Working Future

staffing

Financial Leadership

Govt to soon appoint 3 independent directors on NaBFID board

Movements

  • adobe danDan Durn Appointed As Adobe’s New Chief Financial Officer
  • Vineet Mahajan_Vineet Mahajan Appointed As New CFO Of Avanse Financial Services On Sept 27
  • bharat pet director financeVetsa Ramakrishna Gupta To Lead Bharat Petroleum As Director Finance
  • tender cuts cfoTenderCuts Names Satya Rakesh as New CFO
  • dailmer CFOManish Thakore Helms Daimler India Commercial Vehicles as CFO

Selected Stories

  • Chandrasekar-K-1Leading with empathy is the correct mantra for success

    Read more

  • 20220331_113353Govt orders probe into fire incident involving Ola

    Read more

  • indian rupeeAsian stocks rise as Ukraine peace talks appear to progress

    Read more

  • economyTata Coffee rallies nearly 13 pc; Tata Consumer jumps over 5 pc

    Read more

  • rupeeRupee rises 4 paise to 75.69 against US dollar in early trade

    Read more

Categories

  • Accounting
  • CFO Stance
  • Credit & Capital
  • Economic Trends
  • Featured
  • Financial Compliance
  • Financial Leadership
  • Financial Management
  • Financial Reporting
  • Financial Strategy
  • Financial Technologies
  • Global News
  • Interview
  • Movements
  • Risk Management
  • Taxation

Recent Comments

    Back To Top
    BW CFO World
    • Home
    • News
    • Videos
    • Articles
      • Credit & Capital
      • Economic Trends
      • Financial Compliance
      • Financial Leadership
      • Financial Management
      • Financial Reporting
      • Financial Strategy
      • Risk Management
      • Taxation
    • Featured
    • Nominate for Awards
    © Copyright BW BUSINESSWORLD 2018. All Rights Reserved.