Latest Answer: Hi everybody!
Still, there were risks related to transparency or fair competition, the method was useful where governments had limited technical and financial capacity to develop projects.
Presently, 5-states including Madhya Pradesh, Rajasthan, Punjab, Gujarat, and Andhra Pradesh have taken steps to implement the Swiss Challenge method.
Q:What to do if real estate market still faces delaying in project? As many as 295 infrastructure sector projects worth Rs 150 crore or more are delayed with total cost overrun of Rs 1,01,436 crore.
Latest Answer: Hi Ankita,
As per the 346 Flash Report of August 2014 released by the Ministry of Statistics, out of 720 central sector infrastructure sector projects costing Rs 150 crore and above, 295 projects were delayed. The original cost of the 295 delayed projects is Rs 5,48,838 crore and anticipated cost is Rs 6,50,274 crore, thus leading to a total cost overrun of Rs 1,01,436 crore.
