new govt to review UPA projects

The Narendra Modi Government has decided to review the progress of all projects worth Rs 6.5 lakh crore cleared by the outgoing UPA Government's Cabinet Committee on Investments (CCI), set up to revive the investment cycle and shore up the economy by resolving red-tape hurdles facing big-ticket projects. Ministries have been asked to seek details from project proponents on the actual activity on the ground after they secured the clearances they had sought help with, and report the status to the Cabinet Secretariat.