South Asia Times News Bulletin

Friday
May 18th
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home Business Heal Line PM to review progress of infra projs today

PM to review progress of infra projs today

E-mail Print PDF

Prime Minister Manmohan Singh will conduct a first quarter (April-June) review on the progress of five infrastructure sectors, including roads, railways and power, vis-a-vis the targets fixed by the Plan panel in a Cabinet meeting on Thursday.


"The Prime Minister would review the first quarterly report of the five infrastructure targets prepared by the Planning Commission in a Cabinet meeting scheduled tomorrow," a source said.

Earlier, in May this year, the Planning Commission had set up a mechanism for quarterly monitoring of projects in five infrastructure sectors in order to facilitate taking corrective steps to expedite implementation.

The panel had been mandated by the Prime Minister to set up the monitorable targets on a quarterly basis and report the progress to the Cabinet Committee on Infrastructure (CCI) so that the government can take a decision.

The important targets for 2010-11 include setting up additional power generation capacity of 20,359 MW, development of 2,500 km of highways and 1,019 km of new rail lines.

During 2009-10, only 9,585 MW of electricity generation capacity was added against the target of 14,507 MW and 2,008 km of highways were constructed against the target of 3,165 km.

As far as railways are concerned, only 85 km of new lines were added during April-December, 2009, against the full financial year target of 250 km.

The investment in the infrastructure sector during the 11th Plan (2007-12) would be close to the target of USD 500 billion, with over 30 percent coming from private sector.

The investment target for the infrastructure sector in the 12th Plan (2012-17) is likely to be fixed at USD 1 trillion, with the private sector contributing about 50 percent of the total estimated outlay.

 


 

Hot topic

 

Priyanka Chopra to promote child and adolescent rights

Bollywood actress Priyanka Chopra will support UNICEF in promoting child and adolescent ...

 

2611, a national phone number mooted for emergeny

A National Emergency Telephone Number -2611 - has been mooted by a Pune-based Telecom en...

 

3 Days in Puerto Rico

Eget hendrerit vel Integer dictum sapien Nunc congue tempor Sed lacinia. Ut pellentesque v...

 

Wisi tincidunt

Suspendisse ante porttitor dolor dapibus et ante justo nec tempus Vestibulum. Quisque elit...

 

Pretium tempor

Eget hendrerit vel Integer dictum sapien Nunc congue tempor Sed lacinia. Ut pellentesque v...

Sponsored Links