Manmohan Singh to review progress of infrastructure projects today

Posted By: Nitsi
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New Delhi, Sep 9 (ANI): Prime Minister Dr. Manmohan Singh will conduct a first quarter (April-June) review on the progress of five infrastructure sectors in a Cabinet meeting here today.

So far, the Planning Commission set annual targets for infrastructure ministries, which includes road transport and highways, railways, civil aviation and ports, and conducted internal review meetings.

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

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.

The investment in the infrastructure sector during the 11th Plan (2007-12) would be close to the target of 500 billion dollars.

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

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