Road transport sector has maximum number of delayed projects: Govt report

  • In the road transport sector, the total original cost of implementation of 769 projects when sanctioned was ₹4,33,744.86 crore.

File photo used for representational purpose only (PTI)
File photo used for representational purpose only
EMI starting at just
₹48,300/ month
Check Eligibility

A government report has stated that the road transport and highways sector has the maximum number of delayed projects at 358 out of 769. This is followed by railways at 111 and the petroleum sector at 87, the report stated. In railways, out of 173 projects, 111 are delayed, while in the petroleum sector, 87 out of 154 projects are running behind schedule, as per the latest flash report on infrastructure projects for November 2022.

In the road transport sector, the total original cost of implementation of 769 projects when sanctioned was ₹4,33,744.86 crore, but this was subsequently anticipated at ₹4,60,524.16 crore implying a cost overrun of 6.2 per cent. Till November, the expenditure incurred on these projects was ₹2,77,208.24 crore, or 60.2 per cent of the anticipated cost of the projects.

Also check these Vehicles

Find more Cars
Harley-davidson Harley Davidson Road Glide Special (HT Auto photo)
EMI starting at just
₹48,300/ month
Check Eligibility
Harley-davidson Harley Davidson Street Glide Special (HT Auto photo)
EMI starting at just
₹44,100/ month
Check Eligibility
Indian Springfield Dark Horse (HT Auto photo)
EMI starting at just
₹39,400/ month
Check Eligibility
Indian Chieftain Classic (HT Auto photo)
UPCOMING
Indian Chieftain Classic
₹32.45 Lakhs - 34.45 Lakhs
EMI starting at just
₹44,800/ month
Check Eligibility
Yamaha Mt-15 (HT Auto photo)
Yamaha MT-15
₹1.67 Lakhs
EMI starting at just
₹2,400/ month
Check Eligibility
Yamaha R15 V4 (HT Auto photo)
Yamaha R15 V4
₹1.82 Lakhs
EMI starting at just
₹2,600/ month
Check Eligibility

Also Read : This is India's most hi-tech expressway

The report contains information on the status of the 1,476 central sector infrastructure projects that are worth ₹150 crore and above. As many as 756 projects are delayed with respect to their original schedules and 304 projects have reported additional delays vis-à-vis their date of completion reported in the previous month. Out of these 304 projects, 58 are mega projects costing ₹1,000 crore and above.

In railways, the total original cost of implementation of 173 projects when sanctioned was ₹3,72,761.45 crore, which subsequently increased to ₹6,24,583.37 crore, implying a cost overrun of 67.6 per cent. In the petroleum sector, the total original cost of implementation of 154 projects was ₹3,81,885.12 crore but this was subsequently anticipated at ₹4,01,966.41 crore - a cost overrun of 5.3 per cent.

Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape.

First Published Date: 25 Dec 2022, 15:06 pm IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city
Select a dealer

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.