Synthesis Study‘Barriers to Approvals and Implementation of Investment Projec.ppt

Synthesis Study ‘Barriers to Approvals and Implementation of Investment Projects ’ Structure of the Study and the stages of research as undertaken by the PMO Presentation Structure of the synthesis study based on the inputs as received from the various case studies that have been submitted The objectives of the preliminary exercise undertaken by the PMO Key findings of the Synthesis study Prioritization of different clearances The Prime Minister’s Office has undertaken an initiative to rationalize investment procedures to ensure heightened business interest in India – from within and abroad A.T.Kearney ASSOCHAM worked together to synthesize experiences of different agencies highlight some of the key impediments and action imperatives The synthesis study, for purpose of analysis, has relied on case studies provided by leading agencies Infrastructure Development Finance Corporation A combined cycle power generation project by a private investor National Thermal Power Corporation A number of projects highlighting different issues ASSOCHAM A hydro power project by a private investor The analysis of the case studies has revealed the width and variety of downstream clearances required for getting projects off the ground to the implementation stage Our analysis of the case studies highlights four key issues with regard to downstream clearances for investments in the power sector Key Issue ?  Primary resources, such as land, require clearances from multiple agencies at center, state and local level Key Issue ? Multiple clearances need to be obtained from the same agency e.g. CEA Key Issue ? Environmental clearances require disproportionate level of detail Key Issue ?  Certain clearances do not appear to be serving any specified public or other interest Additionally, there is scope to simply procedures of certain clearances to reduce lead times The analysis of the cases studies reveals that Forest clearances, Land acquisition formalities and Techno Eco