Question : Delay in Execution of Projects

(a) whether any study has been conducted by IIM-Kolkata and Transport Corporation of India which has expressed financial loss due to delay in execution of projects and additional fuel consumption due to poor road conditions and frequent halts, if so, the details thereof;

(b) the extent to which the multi-model transportation will be able to address the above problems; and

(c) the remedial measures taken by the Government to minimize losses incurred due to such delay?

Answer given by the minister

THE MINISTER OF STATE IN THE
MINISTRY OF ROAD TRANSPORT AND HIGHWAYS

(SHRI PON. RADHAKRISHNAN)

(a) to (b) A joint study report conducted by Transport Corporation of India Limited and IIM- Kolkata on ‘Operational efficiency of freight transportation by road in India’ has been submitted in Ministry. The study suggested that mileage was affected by slow vehicular speed due to poor road conditions, traffic jams, multiple on-road stops, long queues and idling at check posts. At chapter number three of the report, it has been suggested to use multi-modal or intermodal transportation such as rail, road, waterways and airways for transportation of goods which is efficient at good extent.

(c) Regular meetings are held with project developers, State Governments and contractors. Regular review meetings are held in Head Quarter by Ministry with Regional Officers, concessionaires /contractors to make the construction of projects hassle free. To expedite completion of these projects various steps are also taken which include streamlining of land acquisition & environment clearances, exit for equity investors, premium re-schedulement, close coordination with other Ministries, revamping of dispute resolution mechanism, frequent reviews at various levels etc.

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