recently cleared 42 projects with Rs 3,54,409 crore of which 70 per cent was environment and land related. As on August 19, there are another 198 projects identified by different ministries and departments to the government’s project monitoring group involving an investment of Rs 9,09,705 crore. These too hinge on clearances for land and environment. The big challenge will be to get the project managers of the future ready and willing to find ways to work around these themes and not wait for a CCI nod.
Not being able to sell the reform story by the government has made that expectation somewhat more difficult.
Subhomoy is a Deputy Editor based in New Delhi.