443 infrastructure projects hit by cost overrun of Rs 4.92 trillion in Feb

As many as 443 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by a cost overrun of more than Rs 4.92 trillion in February 2024, an official report stated. According to the Ministry of Statistics and Programme Implementation (MoSPI), which monitors infrastructure projects worth Rs 150 crore and above, […]

Baltimore bridge collapse an ‘economic catastrophe’, says Maryland Governor

Maryland Governor Wes Moore on Sunday said the collapse of Francis Scott Key bridge last week that has brought to a standstill the busy Baltimore port is a national economic catastrophe. The 2.6km-long, four-lane bridge over the Patapsco River in Baltimore, came crashing down after Dali, a 984-foot cargo ship, collided against it in the […]

LS polls: Over 60 groups demand ban on infra projects in Himalayas

More than 60 environmental and social organisations in the country have demanded a complete ban on all mega infrastructure projects, such as those related to the railways, dams, hydro projects and four-lane highways in the Himalayas, and have urged for referendums and public consultations to be made compulsory for all development projects. The organisations, jointly […]