The labyrinthine realm of India’s infrastructure landscape finds itself ensnared in a web of delays, with seven out of ten of the most protracted projects aligning with the intricate tapestry of rail lines.
Enveloped within the expansive canvas of this sector, a staggering count of 135 infrastructure endeavors within India have fallen prey to a hiatus of five years or more, their trajectories perpetually suspended within the realm of indolence and postponement.
🔎 The latest report unveiled for July 2023 by the astute connoisseurs of the Infrastructure and Project Monitoring Division (IPMD) unveils a harrowing statistic: a total of 809 projects languishing in the clutches of delay, while an additional 213 ventures, though receiving extensions, remain ensnared within the throes of tardiness.
A riveting narrative emerges as the road transport and highways sector commandeers the limelight, witnessing a colossal tally of 262 deferred projects. The railways follow suit with a resounding 115 undertakings embracing the cloak of tardy progression, while the petroleum sector grapples with its own tally of 89 delayed initiatives.
The affliction of cost overruns further compounds the conundrum, casting its ominous shadow upon a substantial fleet of 388 projects. As the pendulum of delay oscillates incessantly, the cumulative surge in the cost for the projects, victims of a temporal standstill, escalates to an astronomical sum, soaring past the staggering figure of Rs 4.65 lakh crore, as meticulously chronicled in the report encompassing developments up to July.
An intricate tapestry of infrastructure intricacies continues to unravel, as the specter of stagnation engulfs countless projects, compelling contemplation upon the nexus of execution and timely completion.
