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8 lakh cr worth of projects shelved
That the economy is on a steep slide due to the drying up of investments is apparent from the fact that corporates have shelved projects worth a whopping Rs 1.8 trillion (Rs 1.8 lakh crore) in the April-August period,[url=http://parajumpersonline.webmium.com/][b]Kodiak Jackets Online PARAJUMPERS[/b][/url], based on the Centre for Monitoring Indian Economy (CMIE).
Significantly,[url=http://giuseppezanottioutlets.webmium.com/][b]Giuseppe Zanotti Sneakers outlet sale[/b][/url], this is not due to high interest rates,[url=http://woolrichswedense.gengfl.com/][b]http://woolrichswedense.gengfl.com/[/b][/url], as is being claimed by every industry lobby,[url=http://giuseppezanottioutlets.webmium.com/][b]Giuseppe Zanotti shoes outlet sale[/b][/url], but totally on account of delays in getting land and environmental clearances among others.
The best cause of shelving of projects was problems being encountered in land acquisition, securing environmental clearances,[url=http://rogervivieroutlets.webmium.com/][b]roger vivier discount for Discount Roger Vivier Shoes Roger Vivier Flats Roger Vivier Sale[/b][/url], local unrest, lack of accessibility to fuel or raw materials,[url=http://merrellfootwearsizechart.webmium.com/][b]sell discount 2013 merrell footwear size chart online store[/b][/url], particularly the mined ones such as coal and iron ore, it added.
Several promoters have cited inadequate availability of cheap funds and poor demand also as causes of aborting projects,[url=http://woolrichjacket.webmium.com/][b]discount 2013 Woolrich Woolrich Jackets Woolrich® The Original Outdoor[/b][/url], according to the independent economic think tank.
expect project shelving to stay high or rise even further in the coming months. A huge pipeline of projects has developed previously couple of years because of the rush among companies to announce new projects because the capex boom began in 2004-05, CMIE said.
Outstanding investment rose six times since the beginning of 2005-06 and stood at Rs 141,[url=http://rogervivieroutlets.webmium.com/][b]Discount Roger Vivier Shoes[/b][/url].8 trillion by the end of June 2012.
In a capex cycle,[url=http://rogervivieroutlets.webmium.com/][b]roger vivier discount for Discount[/b][/url], as more and more investments get announced, promoters of all projects within their early stages re-assess their projects within the light of increased competition and also the relatively weaker projects get shelved.
The CMIE data shows that the large and capital-intensive industries have experienced huge capacity additions in the past few years,[url=http://billigamonclerjackasverige.albirank.net/][b]Billiga Moncler Jacka Dam Outlet Sverige Moncler Dunjacka online rea Du Njuter Imponerande Vinter[/b][/url]. And their capacity utilisation has fallen as the demand from customers has not grown at the same pace.
Keywords: Shelved projects,[url=http://giuseppezanottioutlets.webmium.com/][b]2013 Giuseppe Zanotti shoes outlet sale Giuseppe Zanotti Sneakers[/b][/url], corporates shelve projects worth Rs 1.8 lakh crore,[url=http://giuseppezanottioutlets.webmium.com/][b]2013 Giuseppe Zanotti shoes outlet sale[/b][/url], Centre for Monitoring Indian Economy,[url=http://duveticaukoutlet.halod.com/][b]Duvetica Jackets UK Outlet[/b][/url], CMIE,[url=http://parajumpersonline.webmium.com/][b]2013 PJS Jackets Shop Sale Kodiak Jackets Online PARAJUMPERS[/b][/url], delay to get land,[url=http://duveticaoutlet.albirank.net/][b]duvetica duvetica jackets outlet duvetica sport jacket duvetica mens clothing sale[/b][/url], green nod among reasons for project shelving,相关的主题文章：

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