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In railways, out of 173 initiatives, 117 are delayed, whereas within the petroleum sector, 90 out of 152 initiatives are operating delayed, as per the newest flash report on infrastructure initiatives for January 2023.
The Infrastructure and Venture Monitoring Division (IPMD) is remitted to watch central sector infrastructure initiatives costing Rs 150 crore and above primarily based on the knowledge offered on the On-line Computerised Monitoring System (OCMS) by the undertaking implementing businesses.
The IPMD comes beneath the Ministry of Statistics and Programme Implementation.
The report confirmed that the Muneerabad-Mahaboobnagar rail undertaking is essentially the most delayed undertaking. It’s delayed by 276 months.
The second-most delayed undertaking is the Udhampur-Srinagar-Baramulla rail undertaking, which is delayed by 247 months.
The third-most delayed undertaking, Belapur-Seawood-City Electrified Double Line, is operating 228 months delayed. The flash report for January 2023 comprises data on the standing of the 1,454 central sector infrastructure initiatives costing Rs 150 crore and above. As many as 871 initiatives are delayed with respect to their authentic schedules and 272 initiatives have reported further delays vis-a-vis their date of completion reported within the earlier month. Of those 272 initiatives, 59 are mega initiatives costing 1,000 crore and above.
Concerning the street transport and highways sector, the report acknowledged that the overall authentic price of implementation of 749 initiatives when sanctioned was of the order of Rs 4,09,053.84 crore, however this was subsequently anticipated at Rs 4,27,518.41 crore, implying a price overrun of 4.5 per cent.
The expenditure incurred on these initiatives until January 2023 was Rs 2,34,935.32 crore, which was 55 per cent of the anticipated price of the initiatives.
Equally, in railways, the overall authentic price of implementation of 173 initiatives when sanctioned was of the order of Rs 3,72,761.45 crore however this was subsequently anticipated to rise to Rs 6,26,632.52 crore, implying a price overrun of 68.1 per cent.
The expenditure incurred on these initiatives until January 2023 was Rs 3,72,172.64 crore, which was 59.4 per cent of the anticipated price of the initiatives.
Concerning the petroleum sector, it stated the overall authentic price of implementation of 152 initiatives when sanctioned was of the order of Rs 3,78,090.07 crore, however this was subsequently anticipated to extend to Rs 3,96,608.48 crore, implying a price overrun of 4.9 per cent.
The expenditure incurred on these initiatives until January 2023 was Rs 1,49,364.38 crore, which was 37.7 per cent of the anticipated price of the initiatives.
