The aftermath of delayed central infra projects

What is the news?

According  to  the  Ministry of Statistics and Programme Implementation (MoSPI)

As many  as 470 central sector projects have witnessed a combined  cost overrun  of  4.37  trillion.

560  projects have an average time overrun of 46.94 months.

Why are the projects delayed?

The following factors have resulted in delays:

Localized curbs

Lack of infrastructure support and linkages

Land acquisition delays

Forest and  environment  clearances

Delayed tendering, law and order  problems

Inadequate manpower

What needs to be done?

The following key steps need to be taken:

Improved management of infrastructure projects, including strengthening of internal processes to build in-house project management capabilities

Enhanced stake-holder management for land acquisition

Obtaining regulatory approvals, a dispute resolution mechanism in the public-private partnership model

Establishment of robust project governance

What is the way forward?

Infrastructure creation plays a key role in economic development. Land is a state subject, and it is important that the Centre and States work together to make land acquisition a smooth and seamless procedure for investors.

The process of granting environmental clearances needs to be more efficient and transparent. Time-bound clearances and implementation norms should be adhered to by all. Senior officials should be made accountable.

Source: This post is based on the article “The aftermath of delayed central infra projects” published in Livemint on 4th Oct 2021.

Print Friendly and PDF