Railway Budget 2014-15: Project management group to be set up to overcome delays

India Infoline News Service | Mumbai |

Railways have been suffering heavily because of time and cost overrun due to poor project management.

Railways will set up Project Management Group at the level of Railway Board to overcome delays in project execution. Presenting the Railway Budget in Parliament today the Minister of Railways D. V. Sadananda Gowda said similarly to expedite the projects at the ground level, a project Monitoring & Coordination Group consisting of officials of State Government, Railways and professionals will also be set up.

Railways have been suffering heavily because of time and cost overrun due to poor project management.

Giving details of the poor state of project completion, the Minister said that in the last 30 years as many as 676 projects were sanctioned worth Rs.1,57,883 crore. Of these, only 317 projects could be completed and 359 projects remain to be completed.

 

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