Govt asks mins for details of delayed plans, cost overruns
All ministries have been asked to share details of delay and cost overruns in implementing projects and schemes, according to an official statement issued by Cabinet Secretary PK Sinha.
The move comes after it was observed that several proposals involving time and cost overrun or extension in time frame of implementation of projects are being referred to the Cabinet or Cabinet Committees for consideration.
“In this context, it has now been decided that all such proposals must necessarily incorporate in the note for Cabinet/Cabinet Committees, specific physical and fi- nancial milestones with corresponding half yearly targets for their implementation,” Sinha said in a missive to secretaries of all central government departments.
He said that at the end of every six months, the Cabinet or Cabinet Committees would need to be apprised of the reasons for such ‘slippage’ along with the strategy to achieve the target.
Nearly 359 infrastructure projects, each worth Rs 150 crore and above, have shown cost overrun.