Rs. 3.71 crores investment in kolkata for 84 projects

Q: Hi, Can anubody tell me that with whom Project Monitoring Group is going to sort out the problems of some mega projects which are still pending past 7 months? why there is a delay in those projects?

Joseph Sebastian, Kolkata

5th February 2014

Real estate News in Kolkata

investment advice

real estate news

real estate in kolkata

Follow Discussion

Also see discussions for

Kolkata Real estate News Real estate News in Kolkata

Replies (5)

One last quetion Priya,
What is the major problem West Bengal facing these days for the mega infrastructure projects? Which are the projects disscussed by PMG Chairman last month?

Poonam, Kolkata

5th February 2014

Comment

Doesn't matter, you just carry on....
The PMG Chairman on Friday discussed the pipeline project linking Paradip, Haldia and Durgapur as also railway, highway and power transmission projects. He said in West Bengal problems for the mega infrastructure projects turned mainly from the issues related to land acquisition.

Priya Gupta, Kolkata

5th February 2014

Kindly, mention the name of the statets have decided to set up their own monitoring group for projects worth less than Rs. 1000 crores. Is West Bengal comes under such group?

Poonam, Kolkata

5th February 2014

Comment

Well Poonam,
There are States under such category including Andhra Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Rajasthan and Jharkhand, have decided to set up their own monitoring groups for projects worth less than ₹1,000 crore.
Yes, West Bengal has also decided to set up such a group.

Priya Gupta, Kolkata

5th February 2014

Thanks Priya,
Would you like to tell me, which are the projects in biggest trapped and what are the reason behind it? Which one of them is going to start this month after decades of delay?

Poonam, Kolkata

5th February 2014

Comment

Well Poonam,
projects related to coal mining and evacuation created the biggest parts of the delayed projects followed by ones that were trapped because of non-availability of forest or environmental clearances. Some 70,000 MW worth coal related projects have been cleared. Todi-Shibpur-Hazaribagh rail project work for coal evacuation would start this month after decades of delay.

Priya Gupta, Kolkata

5th February 2014

Hi, All,
What are the total no of projects in delay categoryand their cost? How many cases have been resolved?

Poonam, Kolkata

5th February 2014

Comment

Well, Poonam,
According to Project Monitoring Group, total no of projects in that category are near about 419 worth almost 20 lacs crore that had been pending for years. Out of them 137 cases have been solved.

Priya Gupta, Kolkata

5th February 2014

Hello, Joseph,
The project Monitoring Group along with cabinet Secretariat could sort out the problems for 84 mega projects totalling Rs. 3.71 lakh crore investments in the past seven months.They haven't received clear information mostly private sector have been slow in filing updated inputs about progress of their projects.

Priya Gupta, Kolkata

5th February 2014

Comment