Monday, November 12, 2012

India’s ambitious plan to cut red tape gets tangled in ... red tape





India’s boldest attempt in two decades to sweep away the remnants of the “Licence Raj” permit system that has crippled infrastructure development has fallen victim to the very scourge it was designed to defeat.


A proposal for a government panel chaired by Prime Minister Manmohan Singh to fast-track major infrastructure projects and boost a flagging economy seems to have stalled amid bickering between the finance and environment ministries over its powers, and an apparent reluctance to proceed without consensus.









via Business feed http://www.scmp.com/business/economy/article/1080558/indias-ambitious-plan-cut-red-tape-gets-tangled-red-tape

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