亚博体育官网首页

Government targets 85% timely completion of road projects
ROADS & HIGHWAYS

Government targets 85% timely completion of road projects

Anurag Jain, Road Transport and Highways Secretary, that approximately 85% of road projects are expected to be completed by the end of this fiscal year. He attributed this progress to the government's efforts in ensuring faster clearances, improved monitoring, and swift resolution of issues.

Jain mentioned that the Road Ministry has been receiving environmental and forest clearances promptly, and mechanisms to monitor delayed projects have been enhanced. In an interview with PTI, he stated, "We treated timely completion of projects as a challenge.

For projects already facing delays, a revised schedule was set as the new target. I believe that by the end of this financial year (March), we will manage to complete around 85% of the projects on time." Jain highlighted the positive impact of various initiatives, stating, "PRAGATI meetings led by the Prime Minister, monitoring by the Cabinet Secretariat, the creation of the Integrated Project Monitoring portal, and the utilization of PM GatiShakti in planning have significantly enhanced the implementation speed of projects throughout their life cycle."

According to a report from the Ministry of Statistics and Programme Implementation (MoSPI), which oversees infrastructure projects valued at Rs 1.5 billion and above, the road transport and highways sector has the highest number of delayed projects. Furthermore, Jain revealed ongoing discussions between the Ministry of Road Transport and Highways and MoSPI aimed at standardising the definition of 'delayed projects'.

Anurag Jain, Road Transport and Highways Secretary, that approximately 85% of road projects are expected to be completed by the end of this fiscal year. He attributed this progress to the government's efforts in ensuring faster clearances, improved monitoring, and swift resolution of issues. Jain mentioned that the Road Ministry has been receiving environmental and forest clearances promptly, and mechanisms to monitor delayed projects have been enhanced. In an interview with PTI, he stated, We treated timely completion of projects as a challenge. For projects already facing delays, a revised schedule was set as the new target. I believe that by the end of this financial year (March), we will manage to complete around 85% of the projects on time. Jain highlighted the positive impact of various initiatives, stating, PRAGATI meetings led by the Prime Minister, monitoring by the Cabinet Secretariat, the creation of the Integrated Project Monitoring portal, and the utilization of PM GatiShakti in planning have significantly enhanced the implementation speed of projects throughout their life cycle. According to a report from the Ministry of Statistics and Programme Implementation (MoSPI), which oversees infrastructure projects valued at Rs 1.5 billion and above, the road transport and highways sector has the highest number of delayed projects. Furthermore, Jain revealed ongoing discussions between the Ministry of Road Transport and Highways and MoSPI aimed at standardising the definition of 'delayed projects'.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement