Delayed and Over Budget: The Real Story of India's Infrastructure Projects
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- Опубликовано: 14 окт 2024
- Join Debashis Basu as he delves into the pressing issue of India's crumbling infrastructure. From collapsing bridges to airports with leaky roofs, this video explores the alarming quality issues plaguing India's massive infrastructure projects. Despite significant government investment exceeding Rs10 lakh crore annually, the execution of these projects remains marred by delays and cost overruns.
Debashis Basu sheds light on the staggering statistics from the Ministry of Statistics and Programme Implementation (MoSPI), highlighting the severe cost escalations and delays in various sectors including railways, water resources, and atomic energy. With over 779 delayed projects and costs soaring by over 18%, the situation is dire.
The video also examines the inefficacies of government initiatives like PRAGATI and the Prime Minister's directives aimed at expediting project completion. Basu discusses the systemic issues causing these delays and overruns, such as land acquisition challenges, bureaucratic red tape, and scope changes.
Watch this in-depth analysis to understand the implications of these infrastructure issues on India's economy, fiscal deficit, and the potential diversion of funds from critical sectors like education and public health.
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10's of lakhs of crores spent but little to show in terms of quality and durability of roads/Railways. Some people are merrily pocketing fortunes at taxpayers expense..
Man from a state of psuedollectuals seem to have forgot that EDFC got completed in all states but not his psuedollectual state!! A state which went from 25% manufacturing output of the nation to one amongst the lowest of per capita income.. yet it continues to produce dime a dozen such intellectuals!!
This is important video which unfortunately will be ignored by the masses during elections.
You're welcome!
Proper utilisation of money and efficiency is more important than just throwing money like hell without considering quality.
Failed nation, failed society
One man show will be like this only absolute power leads to absolute corruption.. everything is sale in India see neet exam .
An eye opening presentation!
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Comparison should be done with the situation, which was there in the past. Even thought the average delay of all projects is around 3 years right now, I suspect it would have been much higher earlier.
You can't help it, pandemic ruined India
The last sentence was the golden one , and those 'unmad' bhakts won't understand 😒
Man from a state of psuedollectuals seem to have forgot that EDFC got completed in all states but not his psuedollectual state!! A state which went from 25% manufacturing output of the nation to one amongst the lowest of per capita income.. yet it continues to produce dime a dozen such intellectuals!!
andhnamazis they should compare it with previous government
andhnamazis they should compare it with previous government
Ajay Shah also did a nice video on a similar topic.... Rathin Roy, Ajay Shah and you - all of you with high integrity and who are experienced are saying this and it is really worrisome. A thing to note: Nitin Gadkari is also emerging as a big bullshitter wrt to roads.... and these jokers want to make India the next super power
'Biggest bullshiter'. I am heartened to read your comment, you reaffirmmy view formed20 + years back.
Bihar infra breakdown is alarmfor misallocation to states who cannot manage them.
Sports, Infra, etc etc, India will never never never be a super power.
28% of spend on infrastructure is too high; spend on education n healthcare needs to increase....
Healthcare and education don't require infrastructure?
This type of comments make me believe that "That's why education is important" bolne wale khud gawar hain, unko bina knowledge ke gyaan pelne. Bhai tu thoda economics padh, agar uska time nahi to RUclips pe atleast search karle na "Why is China's infra world class?" Ya phir "Why infra spending is absolutely important?".
Thank you Sir
Delay due to land acquisition and milords of corts
The hindu mindset.Rupiah and sex driven!
A notable omission in the list of causes for delays in projects is POLITICAL COMPULSIONS. Knowing full well there is no funds available, projects are included in the "Works Programme" with token allocation of Rs. 1,000/- Which means that it will be a paper project only., to be taken up when funds will be made available.This is done to satisfy political demands, or to win 'polls'. Requests to keep the projects planned to be within the financial availability, is sacrificed at the alter of 'political compulsion' ". This has nothing to do with failure of structures; even during constrtuction stage. where the main reason IS POOR QUALITY CONTROL. In the movie 'jaane bhe do yaroon" a character says, of his competitor; ' Hum to cement mein reth milathey hain Woh to reth mein cement milatha hai' With the reported 40% commission, the casuality will always be :Quality". Wonder really is 'how other structures are faring better'. Nitin Gadkari has stated the persons responsible for poor construction will be held to account. Let us see how this pans out.
Land owners are profiting from huge infra spend.
Land Acquisition cost is 3.6 crore per hectare for infra projects.
Comission and comissions , tender applying , acceptance , disbursal of payments , clearance .. there is a complete system ... everyone knows , it is just you prefer to keep your eyes shut.
What's CAG doing. No reports seems to have been placed in Parliament
What is the solution? Where government should change?
The government should have invested heavily in defense equipment and modernization.... instead of taking up too many projects. At least 2 to 2.5 lakh cr should have been allocated for the purpose from the 10 lakh cr budget for infra.
Delays due to covid lockdown and inflation due to external factors should be considered
More budget for infrastructure means more money into the pockets of BJP politicians contractors and criminal businessmen IAS officers. 80% of the infra money ends up in corruption corruption corruption loot loot
Majority of corruption done by government babus by delaying the project so that they can enhance the cost and some part of the share will be gone into their pocket.
misleading . these projects designed years back and delayed the coast shows that time second thing corona . third what happend to hsrl mumbai section ? that;s the main problem
You ignore covid😂😂
Subject matter submitted with evidence of statistical analysis provided by the government Agencies are worth listening and worth ponder over for a critical analysis about public projects in India. Best satisfaction would be a Reasonable Response from Concerned Officials from Govt of India or PMO to accept the contention of the submission made by this learned, resourceful Apolitical Economist from Money Life Foundation, Mumbai. Concerned Responsible Officials should develop sensitivity, feel pinch of pain in their heart mind spirit and an apologetic towards dereliction of duties towards citizens of India. Hope God may grant them sufficient wisdom to accept and discharge duties all the times...
Much better than the 200% time over runs and double the cost over runs of Congress governments 😂😂😂😂😂😂❤❤
Corona ignored intentionally
Blind devotees will never blame modi and his BJP government instead they will blame others and opposition 😂
Anorher self proclaimed economic analyst. Come out with comparative data between 2004 - 2014 & 2014 - 2024.
This is definitely Modi’s failure.