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Rs.5.7 lakh cr for stalled projects

Rs.5.7 lakh cr for stalled projects

The Planning Commission has told Prime Minister Narendra Modi that additional funds of Rs 5.7 lakh crore will be required to complete 738 Central projects in various infrastructure sectors. Almost Rs 5.6 lakh crore has already been expended on these projects.

Making a presentation on Infrastructure Targets & Performance for the current fiscal year to the PM, the Commission painted a dismal picture, stating that that 83 per cent of the 738 projects monitored face delays of three months to 12 years.

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