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PM's office to track investment, speed up mega projects

The government on Friday announced the setting up of an investment-tracking mechanism to expedite the implementation of big-ticket projects. Within 24 hours of the release of economic growth data, which turned out worse than expected, the Prime Minister’s Office (PMO) said, “In order to address the issue of major investment projects being delayed for a variety of reasons, the Prime Minister has approved the setting up of an Investment Tracking System to ensure the speedy implementation of such projects.”

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