"The campaign launched with much fan-fare aimed to provide domestic and overseas investors with an environment that is conducive to manufacturing, but the delay in implementation of investment projects is denting the sentiment of the investors.

Assocham Secretary General DS Rawat told reporters. "This even may put an adverse impact on hopes for the success of Make in India campaign," he said.

Investment announcements were being made, but ultimately investments were not happening at the ground level.    At the same time some of the investments have been facing long time delays mainly due to red tapism, which hurt the sentiment of investors and also incur huge loss to the investors, Rawat said.

"In such a situation government needs to have a strong plan to prioritise for cleaning up of  delayed projects in the form of effective implementation and it would be only possible when appropriate target-oriented road-map has been created for authorities as well as investors," he said.

Therefore, government needs to limit the timeframe for each clearance authority, failing which it should be penalised.

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