About
800 central sector infrastructure
projects have
been delayed with respect to their original schedules, showed a government
report. Infrastructure and Project Monitoring Division (IPMD) report shows that
the road, transport, and highways sector has the maximum number of delayed
projects in the country.
The IPMD under the
Ministry of Statistics and Program Implementation, monitors the implementation
status of projects costing more than Rs 150 Crores.
The IPMD December 2022
report shows that there are 428 delayed projects in the Road
Transport and Highways sector, followed by 117 in Railways, 88 in the Petroleum,
36 in coal, 55 in power, 27 in water resources, 4 in Health and Family Welfare,
15 in urban development, 24 in civil aviation, and many others.
The total original
cost of implementation of these 1,438 projects was Rs 20,35,794.75 crores and
their anticipated completion costs likely to be Rs 24,86,069.52 crores. This
shows that there is a cost overrun of Rs 4,50,274.77 crores.
In a statement, the
IPMD said, “Out of the 1438 projects, 8 projects are ahead of schedule, 253 are
on schedule, 835 are delayed, 343 projects reported cost overrun and 165
projects
Industry
sources said the certain infra projects in western India is monitored at the
highest level of the government. While the Mumbai Delhi dedicated freight
corridor of the railways was implemented with the PMO closely monitoring the
project, there are several railway infra projects in Southern India which were
sanctioned way back in 2008 but work is yet to start. It all depends on the patronage from Delhi
sources said.