Leaders of various industry associations have urged the gove?rn?ment to speed up infrastructure investment and help revive mega projects to boost business sentiment and revive sagging economic growth.

The president of Assocham, Rajkumar Dhoot, met Prime Minister Manmohan Singh to present an agenda for revival, while a CII delegation of CEOs met the Principal Secretary to Prime Minister, Pulok Chatterji, and the Chairman of the PM?s economic advisory council, C Rangarajan, to push for effective government action.

Dhoot suggested quick progress in high-profile infrastructure projects such as the dedicated freight corridor and the industrial corridor between Mumbai and Delhi. CII raised similar concerns.

Industry leaders also highlighted the need to set up a special purpose vehicle for infrastructure projects, which would be responsible for getting all clearances in advance, before bidding for projects.