Speedier clearances no magic wand for India’s infrastructure logjam

Scrambling for remedies as investors’ faith in India sagged, the government said last week it fast-tracked approval for a slew of infrastructure projects worth US$28 billion: but the stroke of a pen in New Delhi will not be enough.

via Business feed http://www.scmp.com/business/economy/article/1301739/speedier-clearances-no-magic-wand-indias-infrastructure-logjam