Mega projects in India Environmental and Land Acquisition Issues in the Road Sector
Published By: IIM-A on eSS | Published Date: March, 25 , 2009Mega projects (primarily infrastructure) receive a sizable investment (~10%) of the gross fixed
capital formation in India. Environmental clearances and land acquisitions have been the two
major reasons for delays in the projects. However, there has been a steady increase in the
proportion of projects running on schedule and a sharp decline in the proportion of projects with
cost overruns. These accomplishments have been achieved due to better financing, project
management, and reform in the regulatory frameworks related to environmental and land
acquisition aspects. [W.P. No. 2009-03-07]
Author(s): G. Raghuram, Samantha Bastian, Satyam Shivam Sundaram | Posted on: Nov 25, 2010 | Views(1103) | Download (1786)