Delayed Central infrastructure projects down for second month in a row

A lower share of central infrastructure projects was delayed in November, the second straight month of decline.

According to a November 2023 report by the Ministry of Statistics and Programme Implementation (MOSPI), which covers projects worth Rs 150 crore or above, as many as 845 delayed projects comprise 46.1 per cent of the total. It was 47.8 per cent in September and 46.8 per cent in October. The share was higher at 51.2 per cent in the same month the previous year. It was 34 per cent in 2019. The projects were delayed for 36.6 months on average as of November. Out of 845 delayed projects, 38 per cent were delayed for 25-60 months, 24 per cent for 1-12 months, 23 per cent for 13-24 months, and 14 per cent for more than 60 months.