Delays in key Central sector projects have led to steep cost over-runs, which have been pegged at Rs 1 lakh crore, according to ASSOCHAM's estimates. The report said, till March 2013, the cost over-runs had been worked out at Rs 94,800 crore in about 285 central projects.
Tag: Railways
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New Rail Ministers
Devaragunda Venkappa Sadananda Gowda has assumed charge as the new Union Minister of Railways at Rail Bhawan on 27 May 2014. Gowda was the 20th Chief Minister of Karnataka. Manoj Sinha has taken over as new Minister of State for Railways.
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Metro projects should not be a symbol of status: Experts
If there is money and technology, then opting for a metro project works. But if it's only for a status symbol, then it's not a well-deserved investment. Other investments should be explored before jumping on the metro bandwagon.
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Ennore Port: On a revival mode
After Tuticorin Port, now it is the turn of Ennore Port to receive a new name and identity. Renamed as Kamarajar Port, the facility is gearing for a major expansion drive with a slew of projects in the pipeline.
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Interventions needed to remove roadblocks
Recognising the adverse implications of poor development in some of the infrastructure segments, the Indian government has significantly increased its infrastructure spending over the last 10 years.
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Railways, ports resume functioning in Odisha
As the cyclone Phailin has crossed Odisha,
railways and port operations in the state have been resumed in the coastal areas of the state on October 13. East Coast Railways, which resumed most of the train services after a gap of two days, will shortly restart freight loading operations as well.
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Railways flouts norms in road construction in Ratlam
In Ratlam of Madhya Pradesh, the diversion road constructed on Dhoswas-Ratlam route has flouted norms and caused monetary loss to the railways, say documents procured by an RTI activist. The road has been constructed on a private land and the contractor in December 2011 flouted the approved plan for his convenience and the officials concerned in the process of the road construction.
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Kerala to conduct survey of 14 railway overbridges
The Kerala government has sanctioned Rs 42 lakh to its Roads and Bridges Development Corporation of Kerala (RBDCKL) to conduct survey and prepare a detailed project report (DPR) of 14 out of the 15 railway overbridges (RoBs), sanctioned by the Railways this year.
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Foundation stone for Rs 33 bn worth projects laid in UP
Uttar Pradesh Chief Minister Akhilesh Yadav laid foundation stone for infrastructural projects worth over Rs 3,300 crore. These include Rs 2,200 crore roads and bridges projects, besides power transmission and distribution projects worth over Rs 1,100 crore. Speaking to reporters after laying foundation, Yadav promised that his government would go full throttle in
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Steering group finalises deadline for infra projects
A meeting of the Steering Group appointed by the Prime Minister to accelerate Infrastructure Investment in its first meeting has finalized deadlines with time lines for the intermediate steps for key infrastructure projects. The progress on the intermediate steps will be monitored on a regular basis. The deadlines will ensure that Ministries or Departments are clear about not just the over