K K Kapila, co-Chairman, FICCI’s National Committee copy

The National Committee on Transport Infrastructure of Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed concern at slow pace of on-going infrastructure development projects in the country on account of a decision paralysis mainly. It has also expressed concern on unwanted disputes by various concerned authorities and state governments. K K Kapila, co-chairman of FICCI’s National Committee on Transport Infrastructure and Chairman, International Road Federation (IRF), mentioned that development of infrastructure holds a key to economic growth but some of the issues are standing in the way of fast tracking development of infrastructure and need dispassionate consideration. He pointed at the hurdles concerning land acquisition, and the need to rationalise the right to fair compensation and transparency in Land Acquisition, Rehabilitation and Resettlement (LARR) Act therefore.

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