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Out of the 780 delayed projects, 194 have overall delays in the range of 1-12 months, 187 have been delayed for 13-24 months, 284 projects for 25-60 months, and 115 projects have been delayed for more than 60 months
Get latest articles and stories on Latest News at LatestLY. As many as 431 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by cost overrun of more than Rs 4.80 lakh crore in January 2024, an official report stated. Latest News | MoSPI Says 431 Infra Projects Hit by Cost Overrun of Rs 4.80 Lakh Cr in January.
As per Ministry of Statistics and Programme Implementation (MoSPI), projects worth ₹150 crore and above, out of 1,821 projects, 431 reported cost overrun and 780 projects were delayed
Uttarakhand saw the sharpest decline (of 11 per cent) in the 'total persons engaged' in manufacturing in the worst-hit pandemic year of 2020-21 as industrial units shut shop, according to the latest Annual Survey of Industries (ASI) data, released by the Ministry of Statistics and Programme Implementation (MoSPI). This was followed by the decline in the workforce in states such as Jharkhand (8.9 per cent), West Bengal (8.3 per cent), Kerala (8 per cent), and Karnataka (7.8 per cent). The 'total persons engaged' in an enterprise is defined as the sum of directly employed workers, supervisory or...
business reporter employment fell marginally in 2020-21 due to the pandemic but gained momentum in 2021-22 with 7 per cent year-on-year growth in the manufacturing sector, according to the annual survey