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one and a half within the nation 443 infrastructure initiatives with funding of greater than Rs 100 crore (Infrastructure initiatives) The associated fee has elevated by Rs 4.92 lakh crore within the month of February. This has been stated within the official report. In accordance with the Ministry of Statistics and Program Implementation, out of 1,902 initiatives, 443 reported price overruns and 764 initiatives had been delayed. The ministry oversees infrastructure initiatives price Rs 150 crore and above.
Large financial savings on account of well timed completion
“The entire unique price of implementation of 1,902 initiatives was Rs 27,08,030.44 crore,” based on the ministry’s February 2024 report. The estimated price of finishing these initiatives is more likely to be Rs 32,00,507.55 crore. This interprets to a rise of Rs 4,92,477.11 crore (18.19 per cent of the unique price) within the whole price. In accordance with the report, until February 2024, the expenditure on these initiatives was Rs 16,76,739 crore, which is 52.39 % of the estimated price of the initiatives. If we take a look at the most recent schedule of implementation of initiatives, the variety of initiatives which have been delayed has come all the way down to 568.
On account of this delay in completion of the venture
Aside from this, neither the 12 months of graduation nor the time taken for his or her completion has been given for 389 initiatives. Of the 764 initiatives which were delayed, 188 have a delay of 1 to 12 months. Whereas in case of 185 initiatives the delay was 13 to 24 months, in case of 275 initiatives the delay was 25 to 60 months and in case of 116 initiatives the delay was greater than 60 months. In accordance with the report, among the many 764 delayed initiatives, the common delay is 36.27 months. The initiatives have been delayed on account of delays in land acquisition, forest and surroundings clearances, amongst different causes.
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2024-03-31 11:16:06
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