“In the last eight years, we have financed more than 300 projects, most of which are public-private-partnership projects,” said Ghai.
The delay in land transfer was cited as a major hurdle in mega projects.
A fifth of those stuck in FY14 cited issues of land acquisition, clearances and raw material availability as major hurdles.
In line with the distressed state of core sector firms, Tata Steel India has seen a significant fall in its operating earnings.
Experts evaluated over 400 diverse and compelling projects to ultimately select the final ones in KPMG’s Infrastructure 100.
Railways is followed by the road sector as 118 of its projects are delayed, with 26 having no date of commissioning.
First-of-a kind coordination effort to be headed by Cabinet secy.
It is easy to construct express highways but difficult to get environment clearance.
Sources said that union ministers have been put in charge of shepherding central public sector undertakings.
Nearly a third of all large infrastructure projects in the country are delayed.
Mumbai has great potential to develop waterways that could be used for transport infrastructure and tourism.
Several states are rolling out websites to aid timely completion.
Delay in green clearances are estimated to have held back over 100 projects worth investment of over Rs 4 lakh crore.
This is the second such CAG audit ordered by the Arvind Kejriwal led Delhi government.
A major chunk of the work that the MSRDC was expected to undertake is still awaiting state govt clearance.