+
Contractors Halt Work Over Rs 900 Billion Unpaid Dues
ECONOMY & POLICY

Contractors Halt Work Over Rs 900 Billion Unpaid Dues

Contractors in Maharashtra have intensified their protest over unpaid government dues exceeding Rs 900 billion (bn) by halting work on public projects. The Builders Association of India (BAI), Maharashtra State Contractors Association (MSCA), and others are demanding immediate payment for road, bridge, and building works.

According to BAI Vice President Anand Gupta, various government departments owe substantial amounts, with the Public Works Department alone accounting for Rs 46,000 crore. Contractors say they are struggling to continue operations, paying heavy interest on bank loans.

The associations have also warned against issuing new tenders until pending bills are cleared. MSCA President Milind Bhosale stated that contractors have not received payments for eight months, forcing them to stop work from February 5.

The contractors attribute the delayed payments to the financial strain caused by the Ladki Bahin Yojana scheme, which costs the state Rs 37 bn monthly. With Maharashtra’s fiscal deficit exceeding Rs 2 trillion, the situation has worsened, prompting contractors to consider legal action.

Contractors in Maharashtra have intensified their protest over unpaid government dues exceeding Rs 900 billion (bn) by halting work on public projects. The Builders Association of India (BAI), Maharashtra State Contractors Association (MSCA), and others are demanding immediate payment for road, bridge, and building works.According to BAI Vice President Anand Gupta, various government departments owe substantial amounts, with the Public Works Department alone accounting for Rs 46,000 crore. Contractors say they are struggling to continue operations, paying heavy interest on bank loans.The associations have also warned against issuing new tenders until pending bills are cleared. MSCA President Milind Bhosale stated that contractors have not received payments for eight months, forcing them to stop work from February 5.The contractors attribute the delayed payments to the financial strain caused by the Ladki Bahin Yojana scheme, which costs the state Rs 37 bn monthly. With Maharashtra’s fiscal deficit exceeding Rs 2 trillion, the situation has worsened, prompting contractors to consider legal action.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code