Narendra Modi to assess performance of infrastructure sector next month 21/08/2014

Narendra Modi to assess performance of infrastructure sector next month
21/08/2014 15:54
Prime Minister Narendra Modi will review the performance of key infrastructure sectors, including coal and power, in achieving targets at a meeting early next month, reported PTI. "The Prime Minister will review the performance of ministries vis-a-vis targets in the first week of September," an official close to the development said. This follows Modi's meeting with the secretaries of nine infrastructure ministries last month to set targets for 2014-15 and identifying key projects in sectors like road, power and railways. The Centre is keen to speed up infrastructure development and investment to boost economic growth which remained at sub 5 per cent level during the previous two fiscals. Secretaries and senior officials from infrastructure ministries were present at the meeting. During the meeting it was decided that in addition to the quantitative targets, Planning Commission should also measure efficiency parameters, the official said adding that 'there should be a 10 per cent increase in these each year.' Moreover it was also decided during the meeting that there should a joint mechanism at government level under the Cabinet Secretary for meeting regularly to resolve issues of various ministries and states, the official said.