Investment of Rs 3.3 lakh cr in 113 projects

Initial numbers that have entered the cabinet secretariat suggest that nearly 90 per cent of the investment in large projects have been materialised as they have been given clearances. An analysis of the 113 projects cleared by the Project Monitoring Group (PMG) housed in the cabinet secretariat shows that against investment intention of Rs 3.7 lakh crore, Rs 3.3 lakh crore has already been invested. So far, 152 mega projects with an investment close to Rs 5.3 lakh crore have been cleared.