Issue Date: Jun 30, 2007
Industrialist Ratan Tata has reportedly written to the prime minister cribbing about delays in implementing big buck projects. In his capacity as the chair of the government's investment commission he says over us $50 billion is tied up because of delays in allocating land and resources. His list includes major steel, thermal power, mining and aluminium projects of powerful houses--South Korean corporate Posco, uk's Lakshmi Mittal and India's Essar, Reliance, Jindal and, of course, Tata itself.
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