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It's the same thing, as you'll see if you take an action with a context and indent another action without a context underneath it.

I think the inspector is your only option for seeing the value in project mode. But it should show up in context mode, which is usually the preferred place for actually doing tasks (I'm assuming here that you want to see the context in order to know whether you can do that action, and that you haven't disabled the showing of action groups and projects in context mode).

I would guess the intent was to declutter the display a bit.