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Road Transport and Highways Sector Has Maximum Number of Delayed Projects, Says Govt Report

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Road Transport and Highways Sector Has Maximum Number of Delayed Projects, Says Govt Report

Last Updated: January 29, 2023, 10:38 IST

The flash report for December 2022 contains information on the status of the 1,438 central sector infrastructure projects costing Rs 150 crore and above. (Image: Reuters/File)

The flash report for December 2022 accommodates data on the standing of the 1,438 central sector infrastructure initiatives costing Rs 150 crore and above. (Image: Reuters/File)

In the highway transport and highways sector, 428 out of 724 initiatives are delayed. In railways, out of 173 initiatives, 117 are delayed, whereas within the petroleum sector, 88 out of 158 initiatives are working not on time

The highway transport and highways sector has the utmost quantity of delayed initiatives at 428, adopted by railways at 117 and the petroleum business at 88, confirmed a authorities report.

In the highway transport and highways sector, 428 out of 724 initiatives are delayed. In railways, out of 173 initiatives, 117 are delayed, whereas within the petroleum sector, 88 out of 158 initiatives are working not on time, as per the most recent flash report on infrastructure initiatives for December 2022.

The Infrastructure and Project Monitoring Division (IPMD) is remitted to observe central sector infrastructure initiatives costing Rs 150 crore and above based mostly on the knowledge supplied on the Online Computerised Monitoring System (OCMS) by the venture implementing businesses.

The IPMD comes beneath the Ministry of Statistics and Programme Implementation.

The report confirmed that the Muneerabad-Mahaboobnagar rail venture is essentially the most delayed venture. It is delayed by 276 months.

The second-most delayed venture is the Udhampur-Srinagar-Baramulla rail venture, which is delayed by 247 months.

The third-most delayed venture, Belapur-Seawood-Urban Electrified Double Line, is working 228 months not on time.

The flash report for December 2022 accommodates data on the standing of the 1,438 central sector infrastructure initiatives costing Rs 150 crore and above.

As many as 835 initiatives are delayed with respect to their authentic schedules and 174 initiatives have reported extra delays vis-a-vis their date of completion reported within the earlier month. Of these 174 initiatives, 47 are mega initiatives costing Rs 1,000 crore and above.

About the highway transport and highways sector, the report said that the whole authentic price of implementation of 724 initiatives when sanctioned was Rs 3,82,180.34 crore however this was subsequently anticipated at Rs 4,02,958.36 crore, implying a price overrun of 5.Four per cent.

The expenditure incurred on these initiatives until December 2022 was Rs 2,35,925.26 crore, which is 58.5 per cent of the anticipated price.

Similarly, in railways, the whole authentic price of implementation of 173 initiatives when sanctioned was Rs 3,72,761.45 crore, which was subsequently revised to Rs 6,25,491.15 crore — a price overrun of 67.eight per cent.

The expenditure incurred on these initiatives until December 2022 was Rs 3,65,079.88 crore, or 58.Four per cent of the anticipated price of the initiatives.

About the petroleum sector, it mentioned the whole authentic price of implementation of 158 initiatives when sanctioned stood at Rs 3,82,097.19 crore however this was subsequently elevated to Rs 4,02,446.01 crore, implying a price overrun of 5.Three per cent.

The expenditure incurred on these initiatives until December 2022 was Rs 1,54,240.87 crore, or 38.Three per cent of their anticipated price.

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(This story has not been edited by News18 employees and is printed from a syndicated information company feed)

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