With
GDP growth slipping to nine years low, Prime Minister Manmohan Singh on
Wednesday met his infrastructure ministers to set up aggressive targets for
2012-13 in roads, power, aviation, ports and coal sectors to boost the economic
growth.
Dr
Singh asked the ministers to go the extra mile in implementing their targets
for the current fiscal and resolve any inter-ministerial differences which may
hold these projects.
The
high-level committee of infrastructure ministers, headed by PM, cleared a host
of projects. The three new green field airports are Kannur, Navi Mumbai and
Goa.
Dr
Singh said at the meeting, attended by the ministers and secretaries of key
infrastructure ministries- power, railways, roads, shipping, civil aviation and
coal, that the government was committed to taking the necessary measures to
reverse the present situation and revive India's growth story.
He
said that infrastructure sector will need over $ 1 trillion investment in the
next five years.
The
clearance for Kannur reflects the State Government resolve to ensure that the
first flight landed at the airport in three years from now.
The
land acquisition has been going apace and the Government on Wednesday announced
amendments to the share distribution pattern for the airport under the PPP
model.
http://www.deccanchronicle.com/channels/nation/south/kannur-airport-gets-nod-pm-panel-296
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