• Business

    ‘Delays Come At Double Cost’: PM Modi Flags Infrastructure Project Lags At PRAGATI Meet

    AnyFans Posted on

    By News18,Yimkumla Longkumer

    Copyright news18

    'Delays Come At Double Cost': PM Modi Flags Infrastructure Project Lags At PRAGATI Meet

    Prime Minister Narendra Modi on Wednesday pulled up ministries and state governments for delays in infrastructure projects, warning that such setbacks come at a “double cost”, including increasing project expenditure and depriving citizens of timely access to essential services.
    Chairing the 49th meeting of PRAGATI (Pro-Active Governance and Timely Implementation), PM Modi reviewed eight key infrastructure projects across sectors such as Mines, Railways, Water Resources, Industrial Corridors, and Power.
    These projects span across 15 States and Union Territories, with a combined investment of over Rs 65,000 crore.
    The Prime Minister stressed that delays not only affect the economy but also impact the daily lives of citizens.
    “Prime Minister reiterated that delays in execution impose a double cost – often escalating project expenditure and also depriving citizens of timely access to essential services and infrastructure,” according to the PIB press note.
    He urged officials at both the Centre and State levels to adopt a result-oriented approach, turning opportunities into tangible improvements in quality of life. He also linked timely execution to broader national goals like ease of living for citizens and ease of doing business for enterprises.
    PM Modi emphasised the need for States and Union Territories to institutionalise regular review and monitoring mechanisms for flagship projects. This, he said, would help ensure timely implementation and address bottlenecks more effectively.
    He called on States and UTs to push forward with reforms aimed at boosting competitiveness, improving efficiency, and encouraging innovation across sectors.
    “He urged all States/UTs to place strong emphasis on reforms aimed at improving competitiveness, strengthening efficiency, and fostering innovation across sectors, and stressed that better preparedness through these reforms would enable us to swiftly seize emerging opportunities,” the press noted stated.
    The PRAGATI platform brings together the Centre and States to fast-track major projects and monitor their progress in real time through an ICT-enabled multi-modal interface.

    You Might Also Like