What's new

Once every month, PM Modi steps in to slash red tape and move along projects (around 150 billion $)

samlove

FULL MEMBER
Joined
May 4, 2013
Messages
1,328
Reaction score
2
Country
India
Location
Canada
red tape to clear tens of billions of dollars worth of stalled public projects, hoping that his hands-on intervention can bend a vast, dysfunctional bureaucracy.

Once a month, Modi holds a meeting with top state and federal bureaucrats to check why projects have not got off the ground. Since March this year, his intervention has helped revive nearly $60 billion in central and state projects, according to government data through September seen by Reuters.

Modi has won plaudits for the initiative that has chipped away at a $150 billion backlog of planned roads, ports, railways, power stations and other projects. But equally, critics say, the fact he needs to personally intervene shows the level of government inertia in Asia's third-biggest economy.


"It is a systemic problem that the Prime Minister needs to work on," said Arun Maira, a management consultant and member of the previous Congress government.

The initiative, launched by Modi in March and publicised on his personal website and Twitter feed, is called pro-active governance and timely implementation, or Pragati, which means "progress" in the Hindi language.

Federal and state bureaucrats are linked by video to Modi's office for the meeting, usually held on the fourth Wednesday of each month. They are typically from the finance, law, land, environment, transport and energy ministries whose clearances are needed for many projects.

The agenda is set the previous week and usually has about a dozen stalled projects, public grievances and other governance issues.

A senior official who has attended said that when a project comes up for discussion, Modi turns to the representative of the ministry where it is being held up.

He simply asks, "Please tell me why it hasn't happened," the official said.

Several months into Pragati, the official said, a majority of the projects are cleared before they come up for discussion.

The chief minister of Uttar Pradesh state, Akhilesh Yadav, a political rival of Modi, wrote to the Prime Minister's office requesting the inclusion of a $1 billion metro rail project in the state capital at one Pragati meeting.

It got the clearances, including a pledge of central funding, at the September meeting.


"This is a welcome move which would go a long way in doing away with avoidable delays," said Alok Ranjan, the state's top bureaucrat.

49590454.cms

(Labourers work at the construction site of the Lucknow Metro.)

Systemic problem

Still, critics say that while Modi can quickly cut through red tape, his style centralizes decision-making and will not be sustainable in a country as large as India.

The stock of stalled projects in the country has come down, but remains high.

In the July-September quarter, projects worth 7.6 percent of India's GDP, or $152 billion, were stalled, down from a peak of 8.5 percent in the January-March 2014 quarter, according to CMIE, a think-tank. The data includes private investment plans.

"Running a country is far more challenging than managing a state," said Maira, the consultant, referring to Modi's reputation as an effective administrator when he was chief minister of Gujarat state from 2001 to 2014.

During those years, he used a similar initiative to get projects off the ground.

After taking over as Prime Minister last year, Modi vowed to fire up India's notoriously slow bureaucracy. He has set an ambitious goal of making India one of 50 most business-friendly destinations in the world by 2017.

The World Bank ranked India 130th out of 189 economies, up from 134th last year, in its annual "Doing Business" report released this week.

India up 12 spots in 'Ease of doing business' report


The previous government set up a Cabinet task force to clear the backlog of projects but failed to make much of an impact because state governments were not involved.

Modi's initiative has tried to plug that loophole.

IYR. Krishna Rao, the top bureaucrat in Andhra Pradesh state, said projects are usually held up by a lack of coordination between different departments and governments.

Rao said he was pushing to get clearances for a railway line in his state. After it was reviewed by Modi, the response from the railway ministry improved substantially.

"This is a very good forum," Rao said.

Once every month, PM Modi steps in to slash red tape and move along projects - The Times of India
 
. .
red tape to clear tens of billions of dollars worth of stalled public projects, hoping that his hands-on intervention can bend a vast, dysfunctional bureaucracy.

Once a month, Modi holds a meeting with top state and federal bureaucrats to check why projects have not got off the ground. Since March this year, his intervention has helped revive nearly $60 billion in central and state projects, according to government data through September seen by Reuters.

Modi has won plaudits for the initiative that has chipped away at a $150 billion backlog of planned roads, ports, railways, power stations and other projects. But equally, critics say, the fact he needs to personally intervene shows the level of government inertia in Asia's third-biggest economy.


"It is a systemic problem that the Prime Minister needs to work on," said Arun Maira, a management consultant and member of the previous Congress government.

The initiative, launched by Modi in March and publicised on his personal website and Twitter feed, is called pro-active governance and timely implementation, or Pragati, which means "progress" in the Hindi language.

Federal and state bureaucrats are linked by video to Modi's office for the meeting, usually held on the fourth Wednesday of each month. They are typically from the finance, law, land, environment, transport and energy ministries whose clearances are needed for many projects.

The agenda is set the previous week and usually has about a dozen stalled projects, public grievances and other governance issues.

A senior official who has attended said that when a project comes up for discussion, Modi turns to the representative of the ministry where it is being held up.

He simply asks, "Please tell me why it hasn't happened," the official said.

Several months into Pragati, the official said, a majority of the projects are cleared before they come up for discussion.

The chief minister of Uttar Pradesh state, Akhilesh Yadav, a political rival of Modi, wrote to the Prime Minister's office requesting the inclusion of a $1 billion metro rail project in the state capital at one Pragati meeting.

It got the clearances, including a pledge of central funding, at the September meeting.


"This is a welcome move which would go a long way in doing away with avoidable delays," said Alok Ranjan, the state's top bureaucrat.

49590454.cms

(Labourers work at the construction site of the Lucknow Metro.)

Systemic problem

Still, critics say that while Modi can quickly cut through red tape, his style centralizes decision-making and will not be sustainable in a country as large as India.

The stock of stalled projects in the country has come down, but remains high.

In the July-September quarter, projects worth 7.6 percent of India's GDP, or $152 billion, were stalled, down from a peak of 8.5 percent in the January-March 2014 quarter, according to CMIE, a think-tank. The data includes private investment plans.

"Running a country is far more challenging than managing a state," said Maira, the consultant, referring to Modi's reputation as an effective administrator when he was chief minister of Gujarat state from 2001 to 2014.

During those years, he used a similar initiative to get projects off the ground.

After taking over as Prime Minister last year, Modi vowed to fire up India's notoriously slow bureaucracy. He has set an ambitious goal of making India one of 50 most business-friendly destinations in the world by 2017.

The World Bank ranked India 130th out of 189 economies, up from 134th last year, in its annual "Doing Business" report released this week.

India up 12 spots in 'Ease of doing business' report


The previous government set up a Cabinet task force to clear the backlog of projects but failed to make much of an impact because state governments were not involved.

Modi's initiative has tried to plug that loophole.

IYR. Krishna Rao, the top bureaucrat in Andhra Pradesh state, said projects are usually held up by a lack of coordination between different departments and governments.

Rao said he was pushing to get clearances for a railway line in his state. After it was reviewed by Modi, the response from the railway ministry improved substantially.

"This is a very good forum," Rao said.

Once every month, PM Modi steps in to slash red tape and move along projects - The Times of India

With time bureaucracy will also improve
 
. . .
it was vajpayee dream to do this let see what happens also some progress have started in M.P. , gujarat , rajasthan etc

That will end our dependence on Monsoon, as well as can save thousands of lives and assets lost to floods. Not to mention, access to cleaner drinking water to many remote areas, and expansion of agricultural land.
 
.
That will end our dependence on Monsoon, as well as can save thousands of lives and assets lost to floods. Not to mention, access to cleaner drinking water to many remote areas, and expansion of agricultural land.
true, main projects like Brahmaputra river project ,should be implemented asap.
 
.
This is why Modi is BY FAR the best man for the job RIGHT NOW.

Hopefully he initiates a reform process so that future PMs do not have to be as "hands on", Modi won't be PM forever and the systemic failures need to be addressed.

$150BN worth of stalled projects is simply criminal, hats off to the guy for cutting through the BS and getting the wheels churning.


@Star Wars @MilSpec @Koovie @nair @levina @SR-91 @Bang Galore

Perhaps this is the best time to revive pan India river linking project.
Has this not been cleared by the current GoI?
 
. .
true, main projects like Brahmaputra river project ,should be implemented asap.

Indian Government is doing lot of development projects around Brahmaputra river.

The Brahmaputra sub-basin has abundant hydropower potential. As per the latest assessment the hydropower potential of the basin is 66065 MW.. As on 01/08/2013 total installed capacity of 2120 MW are in operation and with a total installed capacity of 5292.00 MW are under construction. These schemes together amount for only 11.33% of the assessed potential. Therefore, a large chunk of the hydropower potential of the basin remains to be tapped.


Major Medium Irrigation Projects in Brahmaputra Basin

Assam
Borolia Medium Irrigation Project

Buridihing Lift Irrigation Project
Champamati Major Irrigation Project
Dhansiri Major Irrigation Project
Pagladiya Major Irrigation Project
Pahumara Medium Irrigation Project

Nagaland
Dzuza Medium Irrigation Project

Dams in Brahmaputra Basin
Subansiri Lower HE (Nhpc) Dam - Hydroelectric. Arunachal Pradesh
[URL='http://india-wris.nrsc.gov.in/wrpinfo/wiki1.php?show=D06186&str2=http://india-wris.nrsc.gov.in/wrpinfo/index.php?title=Teesta-IV_Lower_Dam_D06186']Teesta-IV Lower Dam- Hydroelectric. West Bengal
[/URL]
[URL='http://india-wris.nrsc.gov.in/wrpinfo/wiki1.php?show=D06186&str2=http://india-wris.nrsc.gov.in/wrpinfo/index.php?title=Teesta-IV_Lower_Dam_D06186'][/URL]
[URL='http://india-wris.nrsc.gov.in/wrpinfo/wiki1.php?show=D06186&str2=http://india-wris.nrsc.gov.in/wrpinfo/index.php?title=Teesta-IV_Lower_Dam_D06186'] [/URL]
Power Houses in Brahmaputra Basin
[URL='http://india-wris.nrsc.gov.in/wrpinfo/wiki1.php?show=PH01585&str2=http://india-wris.nrsc.gov.in/wrpinfo/index.php?title=New_Umtru_Power_House_PH01585']New Umtru Power House
- Meghalaya, Under Construction
Subansiri Lower Power House - Arunachal Pradesh, Under Construction
Teesta Low Dam Stage -IV Power House - West Bengal, Under Construction[/URL]
 
.
This is why Modi is BY FAR the best man for the job RIGHT NOW.
No doubt about it. Unfortunately Modi is often let down by his ministers and other BJP leaders.
If it is red tapism that Modi is targeting, then he should begin by making straightforward and simpler tax and licensing system, and increasing penalty for corruption.
 
.
No doubt about it. Unfortunately Modi is often let down by his ministers and other BJP leaders.
If it is red tapism that Modi is targeting, then he should begin by making straightforward and simpler tax and licensing system, and increasing penalty for corruption.

In your signature the "1" at the 56th place should be a "0".
 
.
No doubt about it. Unfortunately Modi is often let down by his ministers and other BJP leaders.
If it is red tapism that Modi is targeting, then he should begin by making straightforward and simpler tax and licensing system, and increasing penalty for corruption.

The policy adopted by the Government is in line of the five year plan and according to that only the development projects are being implemented.

RBI rate cut: Small savings to feel the squeeze | The Indian Express
October 9, 2015 12:58 pm

Investors in small savings schemes should get ready for a lower interest rate regime as inflation takes a slide and banks prune their lending rates to stay competitive.

The government’s announcement that interest rates offered by a range of small saving schemes would be reviewed in the wake of the RBI repo rate cut has reignited the debate on the impact that such schemes have on the lending rates of banks. Experts, however, are clear. Going forward, those investing in small savings scheme should be prepared for a lower-interest-rate regime as inflation takes a slide and banks prune their lending rates commensurately.

By the way Gold bonds to go on sale on November 26

Gold Bonds to go on sale on Nov 26, applications open on Nov 5 - The Hindu

The Government on Friday announced that it will issue Sovereign Gold Bonds, a part of its Gold Monetisation Scheme, on November 26. Applications for the bonds will be accepted between November 5 and November 20.

“The Government of India, in consultation with Reserve Bank of India (RBI), has decided to issue Sovereign Gold Bonds. The Bonds will be issued on November 26, 2015. Applications for the bond will be accepted from November 05, 2015 to November 20, 2015,” the Government said in a notification.

“The Bonds will be sold through banks and designated post offices as may be notified. The borrowing through issuance of the Bond will form part of market borrowing programme of Government of India,” the notification added.

The gold bonds will be restricted to resident Indian entities including individuals, HUFs, trusts, Universities, charitable institutions. The tenure of the Bonds will be eight years, with an exit option after five years.

While announcing the Union Cabinet’s decision to approve the Sovereign Gold Bond Scheme and the Gold Monetisation Scheme on September 9, Finance Minister Arun Jaitley had said that the two schemes combined could potentially bring into the economy an estimated 20,000 tonnes of idle gold lying with Indian consumers. The schemes are also aimed at reducing India’s dependence on gold imports.
 
. .
:blink:
You're alive?

Yes, i am still alive .

Muddai lakh bura chahe to kya hota hai, vahi hota hai jo manzoore kunda hota ha'' means that even if people speak ill of you and wish for bad things to happen to you, only that will happen which the God has in store for you.

Here only Supreme Creator matters.
 
.

Country Latest Posts

Back
Top Bottom