Sunday, August 21, 2022

Your tax money flow to roads, highways likely increasing as projects take over a decade to cut the ribbon

In the road transport and highways sector, 300 out of 825 projects are delayed, according to a latest flash report on infrastructure projects for June 2022. It is followed by railways, where 119 projects out of 173 are delayed, while for petroleum, 90 out of 142 projects are delayed. The total cost of implementation of 825 road transport and highway projects is anticipated at Rs 5,37,163.29 crore now, implying a cost overrun of 9.4 per cent.

from Economy-News-Economic Times https://ift.tt/iPrKHNC
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