CII appreciates the Government’s commitment to rapid implementation of large infrastructure projects.
CII has learnt that 17 large infrastructure projects have been cleared in the last two weeks by the Project Management Group (PMG) recently set up in the Cabinet Secretariat to fast-track infrastructure projects. PMG has initiated an innovative and effective monitoring mechanism deploying e-governance to track and review the progress of the large infrastructure projects. In consultation with concerned companies, CII had prepared a detailed list of 62 infrastructure projects of over Rs 1,000 crores each and submitted it to the PMG. Continue reading
U.S. GSP trade preference program is due for renewal on July 31, 2013 and timely renewal of GSP is very important for maintaining stable bi-lateral trade between the two countries and to avoid uncertainty in quoting/bidding for any new business which will adversely affect the trade of both countries.