449 infra tasks hit by value overrun of ₹5.01 lakh cr in March: MoSPI

As many as 449 infrastructure tasks, every entailing an funding of ₹150 crore or above, have been hit by value overrun of greater than ₹5.01 lakh crore in March 2024, an official report acknowledged. In keeping with Ministry of Statistics and Programme Implementation (MoSPI), which screens infrastructure tasks value ₹150 crore and above, out of … Read more

Govt says 448 infra tasks hit by value overrun of ₹5.55 lakh cr in Oct-Dec

As many as 448 infrastructure tasks, every entailing an funding of ₹150 crore or above, had been hit by value overrun of greater than ₹5.55 lakh crore throughout December quarter 2023, an official report acknowledged. The Quarterly Mission Implementation Standing Report (QPISR) on Central Sector Initiatives (costing ₹150 crore and above) for the third quarter … Read more

HUDCO appears to be like to extend its publicity to infra initiatives

Housing and City Improvement Company (HUDCO) is more and more seeing itself because the financier of city infrastructure initiatives and never restricted to only the housing section. Over time the share of infrastructure initiatives in its mortgage e book has been rising whereas that of the housing section has been shrinking. “We can not prohibit … Read more