The ministry monitors infrastructure projects worth Rs 150 crore and above. Of these 1,405 projects, 340 reported cost overruns and 381 time escalation
The details of the Japanese investment in the northeast were disclosed at a meeting of DoNER Minister Jitendra Singh with a Japanese delegation led by Ambassador Kenji Hiramatsu
Of these projects, 444 are major ones with investment size exceeding Rs 1,000 cr; their cost constitutes 80% of the envisaged outlay
For 686 projects, neither the year of commissioning nor the tentative gestation period has been reported
As many as 369 infrastructure projects of the total 1,420 under implementation are facing cost overruns, while another 366 are significantly delayed, according to a report. The report "Infrastructure & Real Estate: A fulcrum for Change & Economic Growth" by Property consultant ANAROCK and Association of Infrastructure Industry (India) said the government should accord high priority to the infra sector. It said India's vision to enter the USD 5 trillion club economy by 2025 depends on development of infrastructure and real estate that contribute 29.5 per cent to the GDP. "The sheer impact of challenges faced by the infrastructure projects is visible from these statistics - of the total 1,420 projects under implementation, 369 projects are facing time overruns to the tune of Rs 3.38 trillion of cost overrun and an average time of 46 months for 366 delayed projects," the report said. To expedite infrastructure development along with maintaining the ecological and political ...
The brief reasons for time overruns, as reported by various project implementing agencies, are delays in land acquisition, forest clearance and supply of equipment
The average time overrun in these 375 delayed projects is 45.14 months
The brief reasons for time overruns as reported by various project implementing agencies are delay in land acquisition, forest clearance and supply of equipment
The original cost of executing these projects was assessed at Rs 16.78 trillion
Deferred-coupon debt instruments could help address asset-liability mismatch
The report attributes the time overrun to a host of issues, including delay in land acquisition, forest clearance, supply of equipment etc
State-run National Highways Authority of India last month borrowed 250 billion rupees ($3.45 billion) from the State Bank of India, the country's largest lender
Of the 1,304 projects, 343 reported cost overrun and 262 times escalation
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 1.5 billion and above
The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 1.5 billion and above
Govt told the House that a standing committee in each ministry has been set up for fixation of responsibility for time and cost over-runs
Major steps have been undertaken to ensure completion of Central Sector Infrastructure Projects without time and cost overruns
A number of roads and port projects have been stranded due to delays in environment and forest clearances
Sluggish flow of private investment is a setback for growth of the sector
Yes. Whilst public expenditure is kicking in, the key reason is the decline in private investment