 "Faster clearances, monitoring help infra projects stay on course in Q4")
The Centre has finally managed to break the chokehold of stalled infrastructure projects, by giving faster clearances and closely monitoring these at the highest level.
According to the Centre for Monitoring Indian Economy (CMIE) data released on Monday, only 24 projects under implementation were stalled as of March. The investment in these projects was Rs 25,700 crore — the lowest in any quarter since December 2008. In the March 2016 quarter, it was Rs 92,000 crore. The previous United Progressive Alliance government had been haunted by the piling up of stalled projects.
“Capex data suggest demonetisation did not adversely impact
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