Most delayed projects falls under highways & road transport sector

According to a government report, the road transportation and highways sector has the most delayed projects (402), followed by the railways (115) and the petroleum sector (86). As of now, 402 out of 749 projects in the road transport and highways sector are behind schedule. According to the most recent flash report on infrastructure projects for March 2023, 86 out of 145 projects in the petroleum industry and 115 out of 173 projects for railways are both behind schedule. Based on the data submitted on the Online Computerised Monitoring System (OCMS) by the project implementing agencies, the Infrastructure and Project Monitoring Division (IPMD) is tasked with monitoring central sector infrastructure projects worth Rs 1.5 billion and above. The Ministry of Statistics and Programme Implementation oversees the IPMD. According to the report, the rail project between Muneerabad and Mahaboobnagar is the most delayed. It is 276 months behind schedule. The Udhampur-Srinagar-Baramulla rail project, which has been delayed by 247 months, is the second-most delayed project. Belapur-Seawood-Urban Electrified Double Line, the third-longest- delayed project, is currently 228 months behind schedule. The status of the 1,449 central sector infrastructure projects worth Rs 1.5 billion or more is detailed in the Flash Report for March 2023. Compared to their initial project implementation schedules, 821 projects are delayed, 354 reported cost overruns, and 247 reported time and cost overruns. As many as 821 projects are behind schedule, and 165 projects have reported further delays compared to the completion dates given in the preceding month. It is estimated that 52 of these 165 projects totaling at least Rs 10 billion are megaprojects. According to a research about the road transportation and roads sector, the entire initial cost of implementing 749 projects was in the range of Rs 4,328.93 billion when they were approved, but this was later projected to cost Rs 4,511.68 billion, reflecting a cost overrun of 4.2%. Up until March 2023, Rs 2,31,6.21 billion had been spent on these projects, i.e., 51.3% of what was expected to be spent on them.