#WeeklyNewsRoundUp: Around 356 Infra Projects Have Cost Overrun Of Rs 2.19 Lakh Crore
As many as 356 infrastructure projects, each worth Rs 150 crore or more, have shown cost overrun of Rs 2.19 lakh crore owing to delays and other reasons, says the Ministry of Statistics and Programme Implementation. According to the ministry, the expenditure incurred on these projects till January 2018 is Rs 6.61 lakh crore, 35.92 per cent more than the anticipated cost of the projects.
With the Delhi Metro Rail Corporation (DMRC) finding a solution to a land dispute that was holding up the completion of the Pink Line, its longest corridor, work on the entire line is set to start. Work between the Mayur Vihar Phase-1 and Trilokpuri Metro stations was held up as residents of Trilokpuri’s Block 15 objected to relocation. The DMRC is now in the process of getting land to build quarters for all the affected families.
The Delhi Development Authority (DDA) is planning to increase the size of bedrooms of flats meant for the low-income groups category allotted under the housing schemes of 2014 and 2017. The size of the bedroom is proposed to be increased to about 10 foot x 10 foot.
As electricity reached Manipur’s Leisang village on the evening of April 28, India completed the electrification of all of its villages after over 70 years of Independence. Government data show by April 1, 2015, India had about 18,452 un-electrified villages. Till April 28, 2018, India managed to electrify close to 16 and a half villages every day.
With the Maharashtra government on May 1 launching the online service to provide 7/12 land record receipts, land owners in the state will be able to take printout of this crucial document, which will also bear digital signature. The 7/12 receipt is a crucial piece of document for the establishment of ownership of a piece of land. The extract is used by farmers for loan agreements, crop survey and for availing of government facilities.
Source: Media reports