Business Standard

Monday, December 23, 2024 | 05:43 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Inter-ministerial task force to finalise projects pipeline for Rs 100 lakh crore investments

Image

Capital Market

Aim to boost growth and creation of jobs

The finance minister has announced many steps to boost economy including measures for fast tracking of infrastructure development.

With the focus on Rs 100 lakh crore expenditure for developing modern infrastructure over 5 years, the finance minister has announced that an inter-ministerial task force is being formed by Department of Economic Affairs to finalise the pipeline of infrastructure projects.

The above initiative is expected to boost growth and creation of jobs. These projects would be monitored actively to accelerate capital expenditure and investments in the economy.

The cases delayed payments from Government/ CPSEs will be monitored by Department of Expenditure and performance reviewed by Cabinet Secretariat

 

The contractual disputes by Government/ CPSEs will be implemented and monitored by Cabinet Secretariat.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 26 2019 | 10:14 AM IST

Explore News