Prime Minister Dr Manmohan Singh has called a meeting on Wednesday to review the status of infrastructure sector with an aim of pushing the slowing growth.

AIR correspondent quoting official sources reports, the meeting, which will be attended by ministers of all infrastructure-related ministries, is expected to assess whether the targets are being met and what needs to be done to address bottlenecks.

AIR correspondent adds that the government has maintained that one trillion US Dollars would be required in the infrastructure sector during the 12th Plan of which it expects 50 per cent from private sector.

According to Finance Ministry documents, projects worth 1.46 lakh crore rupees are pending because of absence of regulatory clearances. These are in the sectors of power, steel, highways and cement.

These projects are besides the mega projects like 12 billion US Dollars Posco steel project and 90 billion US Dollars Delhi-Mumbai Industrial Corridor, which are also delayed on various counts like clearances and land acquisition.

The meeting assumes significance as it comes against the backdrop of economic growth falling to nine-year low of 6.5 per cent in 2011-12 and contraction of industrial output in March quarter.

The meeting comes close on the heels of the decision by the Prime Minister to set up Investment Tracking System to monitor the status of projects of 1,000 crore ruppes and above.

The government also set up yesterday a high-level inter-ministerial board under Commerce and Industry Minister Anand Sharma to boost the manufacturing sector.