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State of Indian Infra: Project delays abound

Posted by fairval on March 2, 2011

Here’s something from the Eco Survey released pre budget:

The Department of Programme Implementation monitors the progress in Central sector projects costing Rs 150 crore and above on a monthly basis. The progress report of October 2010 indicates that projects such as roads, power, railways, petroleum, telecom, coal, and steel constitute about 92 per cent of the total 559 monitored projects and overtime project delays have been creeping up.  As on October 2010, out of the 559 projects, 14 are ahead of schedule, 117 are on schedule, and 293 are delayed. Of the balance projects, no dates have been fixed for commissioning.

What this effectively means is that only 131 of the 559 projects are on schedule. This is about 23%. So our infra isnt to going to get better any time soon.

(and we are not talking about the relative freeze in awarding new projects since last 1-2 years)


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