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Infrastructure Projects Worth INR 12 Lakh Crore Stuck Due to Regulatory Issues

News

Around 1,550 projects with investments worth about Rs 26.5 lakh crore remained stuck at different stages across 21 states.

Source – ET

SNP Insights

The delay in projects due to issues such as land acquisition, lack of clearances etc. not only results in cost overrun for the project but also may acts as a hindrance for economic growth of the nation. This can make the investment environment in India highly unattractive for both domestic and foreign investors. It seems to be high time Government to take bold steps to overcome such issues and re-frame the policy regime for better investments in future.

Source – SNP Infra Research