Nearly half of 1,600 infra projects delayed
ECONOMY & POLICY

Nearly half of 1,600 infra projects delayed

According to information provided to the Parliament by the ministry of statistics and programme implementation, as of June, 721 (46%) of the 1,568 central sector infrastructure projects under government supervision were behind schedule.

The top three industries with the greatest number of postponed projects are the Ministry of Petroleum, Ministry of Railways, and Ministry of Road Transport and Highways, respectively, with 91 (65%) out of 139, 127 (60%) out of 211, and 301 (36%) out of 843 projects postponed.

Based on the data submitted on the online computerised monitoring system (OCMS) by the project implementing agencies, the Infrastructure and Project Monitoring Division (IPMD) of MoSPI is tasked with monitoring central sector infrastructure projects worth Rs 150 crore and above.

According to information provided to the Parliament by the ministry of statistics and programme implementation, as of June, 721 (46%) of the 1,568 central sector infrastructure projects under government supervision were behind schedule.The top three industries with the greatest number of postponed projects are the Ministry of Petroleum, Ministry of Railways, and Ministry of Road Transport and Highways, respectively, with 91 (65%) out of 139, 127 (60%) out of 211, and 301 (36%) out of 843 projects postponed.Based on the data submitted on the online computerised monitoring system (OCMS) by the project implementing agencies, the Infrastructure and Project Monitoring Division (IPMD) of MoSPI is tasked with monitoring central sector infrastructure projects worth Rs 150 crore and above.

Next Story
Infrastructure Energy

Coal India’s Thalassemia Scheme Hits Milestone, Minister Seeks Expansion

On the occasion of World Thalassemia Day 2025, Coal India (CIL), in collaboration with the Ministry of Coal and the Ministry of Health & Family Welfare, commemorated the remarkable success of its flagship CSR initiative, the Thalassemia Bal Sewa Yojana (TBSY), at a special event held at Hotel Ashok, New Delhi. The scheme, which supports free bone marrow transplants for children suffering from thalassemia and aplastic anemia, has emerged as a life-transforming initiative for hundreds of families across the country. Minister of Coal and Mines, G Kishan Reddy, graced the occasion as the Chief Gu..

Next Story
Real Estate

Vardhman Amrante to Invest Rs 13.5 Bn in Punjab

Vardhman Amrante, the real estate arm of Oswal Group, has announced plans to invest Rs 13.50 billion in Punjab over the next three years. The investment will span various sectors, including residential, commercial, hospitality, industrial, and allied developments, with a focus on Ludhiana and other rapidly growing regions in the state.Chairman and Managing Director Adish Oswal emphasized the company's commitment to transforming Punjab's urban landscape through high-end projects that set new benchmarks for quality and innovation. The funding for these initiatives will primarily come from intern..

Next Story
Real Estate

Sundaram Home Finance to Raise Rs 60 Bn in FY25

Sundaram Home Finance has announced plans to raise over Rs 60 billion in the current financial year (FY25) to support its expansion strategy. The company will raise the funds through a mix of National Housing Bank refinance, bank debt, debentures, and fixed deposits.The move follows a strong financial performance. Net profit rose by 26 per cent year-on-year to Rs 715.7 million in the January–March 2025 quarter, up from Rs 568 million. Disbursements during the quarter reached Rs 19.29 billion, compared to Rs 14.69 billion in the same period last year.For FY25, total disbursements grew by 29 p..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?