Road and highways sector has maximum number of delayed projects: Report
NEW DELHI: The road transport and highways sector has the maximum number of delayed projects at 248, followed by railways at 116 and petroleum sector at 88, showed a government report. In the road transport and highways sector, 248 projects are delayed with respect to their original schedule out of the 831 monitored, as per […]
412 infrastructure projects show cost overruns of Rs 4.11 lakh crore
NEW DELHI: As many as 412 infrastructure projects, each worth at least Rs 150 crore, have reported total cost overruns of over Rs 4.11 lakh crore, according to data from the Ministry of Statistics and Programme Implementation. The data showed that as of July 1, out of 1,683 central sector infrastructure projects costing Rs 150 […]
Stress fund can help resolve last mile funding crisis in delayed and stalled projects: NAREDCO
NEW DELHI: To help home buyers stuck with under construction homes in projects that have remained unfinished, the government of India has announced a special window to provide last mile funding for housing projects which are non-NPA and non-NCLT and are net worth positive in affordable and middle income category. “The Finance Minister Nirmala Sitharaman who […]