The government swung into action with steps to accelerate approvals for mega projects, and approved a new law for land acquisition, acting decisively to spur investment and growth that have been marred by inter-ministerial tussles.
To kick-start investments, it has decided to set up a cabinet panel headed by the prime minister to speed up clearances of projects of over Rs 1,000 crore. The Cabinet Committee on Investments will be a "game changer" that will cut red tape, Commerce Minister Anand Sharma told ET NOW.

Source - http://economictimes.indiatimes.com