Last year, political compulsions compelled the government to quickly roll back a proposal to allow foreign supermarkets to set up large stores in India.
On Thursday, Prime Minister Manmohan Singh announced the setting up of a high-powered project clearance board to ensure speedy "one-time" clearances to projects in the energy and infrastructure sectors and to address problems in getting regulatory permissions.
The decision came on a day when Tata Group chairman Ratan Tata asked Singh to implement pending reforms and hit out at the Opposition, media and some ruling alliance members for blaming the PM for India's economic woes.