428 infra projects show cost overruns of Rs 4.98 lakh cr
As many as 428 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.98 lakh crore, as per a report.
According to…
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Infra projects
Review compliance on govt housing, infra project financing: RBI to banks
Concerned over violation of its norms, the RBI on Tuesday asked banks to follow its instructions in "letter and spirit" while extending loans to government-owned entities for infrastructure…
Infra projects of ₹500 crore and more to route through PM GatiShakti’s NPG
The PM GatiShakti plan was announced last year with an aim to break departmental silos and bring in more holistic and integrated planning and execution of projects
The PM GatiShakti plan…
Institutional investors may get seat at InvITs’ manager boards
The finance ministry is working on a proposal to allow private institutional investors secure a board representation in the government-backed Infrastructure Investment Trusts (InvITs)…
438 infra projects show cost overrun of ₹4.34 lakh crore
Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of…
438 infra projects show cost overrun of ₹4.3 lakh crore
The report also cited State-wise lockdowns due to COVID-19 as a reason for the delay in implementation of these projects.
As many as 438 infrastructure projects, each worth ₹150 crore or…
483 infrastructure projects show cost overruns of ₹4.43 lakh crore
Delay in land acquisition, obtaining clearances and Covid-19 induced lockdowns have been cited as reasons for the overruns
As many as 483 infrastructure projects, each worth ₹150 crore…