New Delhi : Exuding confidence that India’s growth will bounce back, Cabinet Secretary Ajit Kumar Seth said the government has approved 287 stalled projects worth Rs 5.5 lakh crore and 250 such projects worth Rs 10 lakh crore would be cleared shortly. The government has been trying to ease the regulatory burden and simplify procedures to boost infrastructure projects, he said. it set up the Cabinet Committee on Investment (CCI) in January with a view to fast-track project clearances.

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