Failure Of PM Modis Pet Venture PRAGATI? 388 Infra Tasks Witness Value Overruns Of Rs 4.65 Lakh Crore

Failure Of PM Modis Pet Venture PRAGATI? 388 Infra Tasks Witness Value Overruns Of Rs 4.65 Lakh Crore

Prime Minister Narendra Modi is thought for monitoring key growth tasks himself. For this, PM Modi launched an bold multi-purpose and multi-modal platform – “Professional-Energetic Governance and Well timed Implementation” (PRAGATI) on 25th March, 2015. It’s stated to be a sturdy system for bringing e-transparency and e-accountability with real-time presence and change among the many key stakeholders finishing up growth tasks. As per the federal government, PRAGATI proved efficient in addressing and resolving points by bringing down the inter-departmental communication hole and thus minimizing the time taken for the implementation of tasks and schemes. Nevertheless, the newest knowledge by the Ministry of Statistics and Programme Implementation paints a grim image of ongoing growth tasks.

The ministry’s report reveals {that a} complete of 388 infrastructure tasks, every with an funding of Rs 150 crore or greater, have encountered price overruns exceeding Rs 4.65 lakh crore as of July 2023. Amongst a complete of 1,646 tasks, 388 tasks have skilled price overruns, and 809 tasks are going through delays. “Whole unique price of implementation of the 1,646 tasks was Rs 23,92,837.89 crore and their anticipated completion price is more likely to be Rs 28,58,394.39 crore, which displays general price overruns of Rs 4,65,556.50 crore (19.46 per cent of unique price),” the ministry’s newest report for July 2023 said.

In response to the report, the expenditure incurred on these tasks until July 2023 was Rs 15,21,550.38 crore, which was 53.23 per cent of the anticipated price of the tasks, reported PTI. 

Nevertheless, the silver lining within the report was that the variety of delayed tasks decreases to 602 if the delay is calculated based mostly on the newest schedule of completion. Additional, it said that for 345 tasks neither the yr of commissioning nor the tentative gestation interval has been reported. Out of the 809 delayed tasks, 177 have general delays within the vary of 1-12 months, 192 have been delayed for 13-24 months, 318 tasks for 25-60 months and 122 tasks have been delayed for greater than 60 months.

Varied undertaking implementing businesses have cited a number of causes for time overruns. These embody delays in land acquisition, acquiring forest and atmosphere clearances, and insufficient infrastructure assist and connections. Different elements contributing to delays embody delayed undertaking financing preparations, finalization of detailed engineering, alterations in undertaking scope, points associated to tendering, ordering, and gear provide, in addition to challenges stemming from regulation and order conditions.

It might be recalled that Prime Minister Narendra Modi takes PRAGATI assessment assembly now and again and the final assembly was held on June 28. Throughout the assembly, PM Modi reviewed tasks costing greater than Rs 1.21 lakh crore. Throughout PRAGATI conferences, 340 tasks having a complete price of Rs 17.05 lakh crore have been reviewed until now.



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