Business
Number of delayed projects up in last 3 years
New Delhi, July 25
Road Transport and Highways, Railways and Petroleum top the sectors having maximum number of delayed projects across the country.
In Road Transport and Highways - of the 843 projects, 301 are delayed, in Railways - of the 211 projects 127 are delayed and in Petroleum - out of 139 projects 91 are delayed.
According to a reply by the ministry of statistics and programme implementation in the Rajya Sabha on Monday, as on June 1, a total of 1,568 Central Sector Infrastructure projects with anticipated completion cost of Rs 26,54,818.05 crore were on the Ministry's online computerized monitoring system (OCMS). Out of the 1568 projects, 721 were delayed.
The data disclosed that the number of delayed projects has gone up during the last three years. Total number of delayed projects on June 1, 2020 was 456 which increased to 525 on June 1, 2021 and 721 on June 1, 2022.
The reasons for time overruns are project-specific, depend on a variety of technical, financial and administrative factors, and differ from project to project. However, as reported by the project implementing agencies on the Ministry's OCMS portal, the main reasons for increase in time of the projects are: law and order problems, delay in land acquisition, delay in environment and forest clearances, funding constraints, rehabilitation and resettlement issues, local body/municipal permissions, utility shifting, contractual issues, etc.
The major steps undertaken to ensure completion of Central Sector Infrastructure Projects without time overruns include; Periodic review of projects under PRAGATI through video conferencing by the Prime Minister; rigorous project appraisal; OCMS for better monitoring; setting up of Revised Cost Committees in the Ministries; regular review of infrastructure projects by the concerned administrative Ministries; and setting up of Central Sector Projects Coordination Committees (CSPCCs) in the States under the Chief Secretaries for removal of bottlenecks and for facilitating the speedy implementation of major projects, said the reply.
8 hours ago
Sandra Bullock says Hollywood should be more open to AI
10 hours ago
"Completely open": Iran restores Strait of Hormuz access for commercial vessels during Lebanon ceasefire
13 hours ago
Postal vote lapse: Kerala HC seeks ECI's clarification, hearing on April 21
13 hours ago
Cracked homes, unkept promises: Wayanad landslide survivors await relief
13 hours ago
This is not women’s quota bill but attempt to change India’s electoral map: Rahul in LS
15 hours ago
ZEE5 Releases Malayalam Film Ashakal Aayiram on April 17
15 hours ago
Hindu statesman sets record with opening 126 Utah legislative bodies with Sanskrit mantras
15 hours ago
Tia Bajpai shoots in Monaco: Not about stepping into Hollywood, but about pushing my boundaries
15 hours ago
Richa Chadha: Some stories don't need big face to pull the crowds
15 hours ago
Tiger Shroff pays tribute to Michael Jackson: He taught me everything I know about movement
15 hours ago
Anne Hathaway shares how Beyonce helped her for ‘Mother Mary’
15 hours ago
Gandhi Krishna: 'Breakfast' is inspired by an incident I witnessed in my friend's life
15 hours ago
Joju George's next film titled 'Paripadi'
