Related News

Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in

A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Private equity firm KKR and Singapore Telecommunications will acquire

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during a Bloomberg Television interview in San Francisco, California, US, on Monday, Oct. 6, 2025. David Paul

Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg |

President and CEO of NVIDIA, Jensen Huang, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. Denis Balibouse | Reuters Nvidia CEO Jensen Huang

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Government fast-tracks delayed projects: 923 pending road completions under review; over Rs 7.7 lakh crore cost estimated

Word Count: 640 | Estimated Reading Time: 4 minutes


Government fast-tracks delayed projects: 923 pending road completions under review; over Rs 7.7 lakh crore cost estimated

The Road Transport and Highways Ministry has accelerated pending road projects, with the goal of finalising 50% by the end of March through expedited clearances, swifter land procurement, and timely central funding allocation, a senior official told ET.“The ministry has identified low-hanging projects along with issues resulting in delay of these projects and is moving ahead with targeted intervention to streamline work on these projects,” the official said on condition of anonymity. “Besides, a strict monitoring mechanism has been put in place to ensure that they meet the fresh date of completion with monthly review of these projects being done at the highest level,” the official added.Data from the Ministry of Statistics and Programme Implementation shows that the Road Transport and Highways Ministry is currently overseeing 923 projects, with most having surpassed their initial completion dates.The total expenditure projection for these projects stands at Rs 7.7 lakh crore, exceeding both the revised estimate of Rs 7.6 lakh crore and the initial budget of Rs 7.3 lakh crore.In the June quarter, 81 road projects were completed, representing 69.8% of the 116 finished Central infrastructure projects across sectors. This showed substantial improvement from the previous year’s figure of 59 road projects, which constituted 56.2% of 105 completed central projects.An ET analysis showed that roads and highways accounted for 32 of 42 infrastructure projects (76.2%) completed in June. Additionally, the road sector contributed 24 of the 40 projects finished in May.This assessment considers projects valued at ₹150 crore or more, indicating substantial progress in the road transport and highways sector.Several projects faced considerable delays before completion. For example, the NH-219 rehabilitation in Andhra Pradesh took 9 years and 8 months, despite its original October 2015 deadline.The four-laning project of NH-361’s Waranga Mahagaon section in Maharashtra was completed after 8 years and 3 months, having initially been scheduled for March 2017.





Source link

Most Popular Articles